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CoinWorld News: On January 3rd, according to Coinglass data, if Bitcoin drops below $89,000, the cumulative long liquidation intensity on major CEXs will reach 494 million. Conversely, if Bitcoin breaks above $91,000, the cumulative short liquidation intensity on major CEXs will reach 380 million. Note from CoinWorld: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price of the underlying asset will be affected when it reaches a certain level. Higher "liquidation bars" indicate that the price will react more strongly due to liquidity waves once reached.