Gate News message: On April 10, according to Coinglass data, if Bitcoin breaks above $75k, the cumulative liquidation short position strength across major CEXs will reach $75k. Conversely, if Bitcoin falls below $71k, the cumulative liquidation long position strength across major CEXs will reach $1.25B. It should be noted that the liquidation chart does not show the exact number of contracts pending liquidation or the contract value being liquidated; instead, it shows the relative importance of each liquidation cluster to the adjacent liquidation clusters, i.e., the strength. The liquidation chart reflects how much the target price reaching a certain level will be affected. A higher liquidation bar indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.
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