If Bitcoin drops below $107,000, the mainstream CEX long liquidation pressure will reach 4.44 billion.

BlockBeats News, July 5th, according to Coinglass data, if Bitcoin falls below $107,000, the cumulative long liquidation intensity on mainstream CEXs will reach $444 million.

Conversely, if Bitcoin surpasses $109,000, the cumulative short liquidation intensity on mainstream CEXs will reach $592 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually indicate the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent the price of the asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.