According to BlockBeats, on September 17, according to Coinglass data, if the price of Bitcoin breaks through $60,000, the cumulative short order liquidation intensity of mainstream CEX platforms will reach $951 million. On the contrary, if Bitcoin falls below $57,000, the cumulative long order liquidation intensity will reach $925 million.

It should be noted that the liquidation chart does not show the exact number or value of contracts to be liquidated, but shows the importance of each liquidation cluster relative to the adjacent liquidation clusters. A higher liquidation column means that when the price reaches this position, the market will react more strongly to changes in liquidity.