Bitcoin will trigger major liquidations at these two price levels. Understand how liquidation charts can warn about market risks.

【Blockchain Rhythm】 According to real-time data from Coinglass, the liquidation chart of major mainstream exchanges currently shows two key price ranges.

If Bitcoin drops below $89,000, the long position liquidation intensity accumulated on major CEXs will reach a level of 8.94 billion — this means that when bearish pressure accumulates to a certain point, a significant chain of liquidations will occur. Conversely, if Bitcoin breaks through $92,000, the accumulated short position liquidation intensity will surge to 5.60 billion.

Here, it is important to clarify the meaning of the liquidation chart. Many people misunderstand it as a precise count of contracts pending liquidation or their liquidation value, but that’s not the case. The bars on the liquidation chart represent the relative strength of each liquidation cluster compared to surrounding clusters — in other words, it reflects how much impact the price reaching a certain level will have.

Therefore, when you see the high and low bars on the liquidation chart, it is actually showing: when the price hits this level, how strong the market reaction will be due to the impact of liquidity waves. The taller the bar, the more intense the market shock when the price reaches that level. This is important reference data for short-term traders and risk management.