On September 15th, according to Coinglass data, if Bitcoin rallies above $62,000, the total liquidation intensity of mainstream CEX short positions will reach $815 million.

Conversely, if Bitcoin falls below $58,000, the total liquidation intensity of mainstream CEX long positions will reach $773 million.

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

Therefore, the liquidation chart shows the extent to which the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will generate a stronger response due to the liquidity wave.