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If Bitcoin falls below $103,000, the cumulative multi-order clearing strength of

According to Coinglass data, if Bitcoin falls below $103,000, the cumulative multi-order clearing strength of the mainstream CEX will reach 521 million. On the contrary, if Bitcoin breaks through 105,000 dollars, the cumulative clearing strength of the mainstream CEX will reach 301 million. Note: The clearing chart does not show the exact number of contracts to be liquidated, or the exact value of the contracts to be liquidated. The columns on the clearing chart show the importance, i.e. strength, of each clearing cluster relative to the adjacent clearing clusters. Therefore, the clearing chart shows the extent to which the underlying price will be affected when it reaches a certain level. A higher "clearing bar" indicates that the price will respond more strongly to the liquidity wave when it arrives.