If Ethereum falls below $4,200, the cumulative long liquidation volume on major CEXs will reach $1.553 billion.

ChainCatcher News: The cryptocurrency market continues its downward trend. According to Coinglass data, if Ethereum falls below $4,200, the cumulative long liquidation intensity on major CEXs will reach 1.553 billions. Conversely, if Ethereum breaks above $4,400, the cumulative short liquidation intensity on major CEXs will reach 940 millions.

Note: The liquidation chart does not display 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 chart shows the extent to which the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to a wave of liquidity.