Bitcoin's current mainstream CEX liquidation map: nominal liquidation volumes within $2,000 up or down are comparable, both exceeding $1.1 billion.

November 5th, according to Coinglass data, if Bitcoin falls below $78,000, the cumulative long liquidation intensity on mainstream CEXs will reach $1.115 billion.

Conversely, if Bitcoin breaks above $82,000, the cumulative short liquidation intensity on mainstream CEXs will reach $1.185 billion.

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

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