If Bitcoin falls below US$68,000, the cumulative multi-order clearing intensity of mainstream CEX will reach 719 million.

According to Coinglass data, if bitcoin falls below $68,000, the mainstream CEX cumulative multi-order liquidation intensity will reach 719 million. On the other hand, if Bitcoin breaks through $72,000, the mainstream CEX cumulative clearing strength will reach 834 million. Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The columns on the liquidation chart show the importance, i.e. intensity, of each liquidation cluster relative to adjacent liquidation clusters. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher "clearing pole" means that prices will respond more strongly to the tide of liquidity later on.