According to Coinglass data reported by Golden Finance, if Bitcoin rises above $61,000, the cumulative liquidation intensity of major CEXs will reach $452 million.

Conversely, if Bitcoin falls below $58,000, the cumulative liquidation intensity of major CEXs will reach $727 million.

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

Therefore, the liquidation chart shows the extent to which a certain price level will be impacted. A higher "liquidation bar" indicates a stronger reaction to the price reaching that level due to liquidity waves.