A two-sided double-kill trap— the higher the柱 (pillar), the more惨 it is when you get taken out. Before you enter the market now, first figure out whether you’re fuel or a lighter.

According to Coinglass data, if Bitcoin breaks through $75k, the liquidation strength of mainstream CEX short positions will reach $453 million; if it falls below $72k, the liquidation strength of mainstream CEX long positions will reach $670 million. The liquidation chart does not precisely indicate the number of contracts to be liquidated, but rather shows the liquidation intensity and potential impact at each price level. The taller the column, the greater the liquidity shock when the price reaches that point.