According to the latest on-chain data analysis, if the price of Bitcoin breaks through $94,000, the liquidation intensity of short positions on major cryptocurrency exchanges will reach $772 million, indicating a strong market reaction to the price increase. Conversely, if the price falls below $91,000, the liquidation intensity of long positions will reach $625 million. The liquidation chart does not precisely reflect the number of contracts awaiting liquidation but rather shows the potential impact of price fluctuations on market liquidity, suggesting that the market may experience significant volatility.