If Bitcoin breaks through 60,000 dollars, the cumulative clearing strength of mainstream CEX will reach 221 million
According to Coinglass data, if Bitcoin breaks through $60,000, the cumulative clearing strength of the mainstream CEX will reach 221 million. On the contrary, if Bitcoin falls below $58,000, the cumulative clearing strength of the mainstream CEX will reach 611 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.
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.