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On April 10, according to data from coinglass, if Bitcoin rises above $84,000, the intensity of liquidation of accumulated short orders on major centralized exchanges (CEX) will reach 637 million.
On the contrary, if Bitcoin falls below $81,000, the intensity of long order liquidations accumulated on major CEX exchanges will reach 918 million.
Block Note: The liquidation chart does not accurately display the number of contracts awaiting liquidation or the value of contracts being liquidated. The columns on the liquidation chart actually represent the relative importance of each liquidation cluster compared to neighboring liquidation clusters, that is, intensity.
Therefore, the liquidation chart shows the degree of influence of the asset price when it reaches a certain position. Higher "liquidation columns" indicate that the price will create a stronger reaction due to the liquidity wave when it reaches that level.