Golden Finance reported that according to Coinglass data, if Ethereum breaks through $3,800, the cumulative short order liquidation intensity of mainstream CEX will reach 769 million. On the contrary, if Ethereum falls below $3,600, the cumulative long order liquidation intensity of mainstream CEX will reach 458 million. It should be noted that the liquidation chart does not show the precise number of contracts to be liquidated, or the precise value of the contracts being liquidated. The bars on the liquidation chart show the importance, or strength, of each liquidation cluster relative to adjacent liquidation clusters. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher 'liquidation bar' indicates a point where price will react more strongly to a wave of liquidity.