Coinglass data shows that if Bitcoin falls below $92,000, the cumulative long liquidation intensity on major CEXs will reach $321 million. Conversely, if Bitcoin breaks above $97,000, the cumulative short liquidation intensity on major CEXs will reach $353 million. Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts that have been liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart reflects to what extent a certain price level will be affected. A higher 'liquidation bar' indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.