Data: If Bitcoin rebounds and breaks through $104,000, the cumulative short liquidation intensity on major CEXs will reach $1.353 billion.

According to ChainCatcher, citing data from Coinglass, if bitcoin rebounds and breaks through $104,000, the cumulative short liquidation intensity on major CEXs will reach 1.353 billions. Conversely, if bitcoin falls below $100,000, the cumulative long liquidation intensity on major CEXs will reach 982 millions.

Note: The liquidation chart does not show the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the liquidation chart illustrates the extent to which the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates a stronger reaction due to a wave of liquidity when the price reaches that level.