Gate News reported that on March 21, according to Coinglass data, if Bitcoin's price breaks through $73,000, the cumulative short liquidation intensity across mainstream CEXs will reach $834 million. Conversely, if Bitcoin falls below $69,000, the cumulative long liquidation intensity across mainstream CEXs will reach $940 million. It should be noted that the liquidation chart does not display the exact number or value of contracts awaiting liquidation, but rather shows the importance (i.e., intensity) of each liquidation cluster relative to adjacent liquidation clusters. Higher liquidation bars indicate that when the price reaches that level, stronger market reactions will be generated due to liquidity fluctuations.

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