Coinjiè Network News: On March 24, according to Coinglass data, if Bitcoin falls below $68,000, the cumulative liquidation intensity of long positions on mainstream CEXs will reach $1.068 billion. Conversely, if Bitcoin breaks through $72,000, the cumulative liquidation intensity of short positions on mainstream CEXs will reach $1.075 billion. Coinjiè Network Note: Liquidation charts do not display the exact number of contracts awaiting liquidation or the precise value of liquidated contracts. The bars on the liquidation chart actually display the relative importance of each liquidation cluster compared to adjacent liquidation clusters, which is the intensity. Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain level. Higher "liquidation bars" indicate that when price reaches that level, there will be a more intense reaction due to the waves of liquidity.

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