ChainCatcher latest news shows that Coinglass data reveals the potential impact of Bitcoin price fluctuations on the market. First, if the Bitcoin price breaks through $100,000, the short liquidation intensity on major centralized exchanges (CEX) is expected to reach $863 million. This means that bearish market sentiment may encounter a strong rebound, and investors need to closely monitor market dynamics.
On the other hand, if the Bitcoin price drops below $93,000, the long liquidation intensity on major CEX will reach $1.434 billion. This indicates that bullish market sentiment may face significant pressure, and investors should carefully assess the risks. Through on-chain data analysis, investors can better understand market trends and make informed decisions.