If Bitcoin breaks $89,000, the mainstream CEX cumulative short liquidation pressure will reach 399 million.

On December 29th, Coinglass data shows that if Bitcoin rises above $89,000, cumulative short liquidations across major centralized exchanges (CEXs) will hit $399 million. Conversely, a drop below $86,000 would trigger $556 million in cumulative long liquidations on these same major CEXs. BlockBeats Note: Liquidation charts do not display the exact number of contracts or their precise value for liquidation. Instead, the bars on these charts reflect the relative significance of each liquidation cluster compared to neighboring clusters—i.e., "intensity." This means the chart indicates how strongly a price level will impact the market: a taller bar signals a more intense reaction driven by a liquidity cascade when that price is reached.