Market dynamics indicate that if Bitcoin prices surpass the $61,000 pivotal level, it will significantly impact the clearing mechanisms of mainstream exchanges (CEX). According to Coinglass data, under such circumstances, the cumulative liquidation strength of short positions is forecasted to escalate sharply to $4.52 billion. Conversely, if Bitcoin prices plummet to $58,000, the anticipated cumulative liquidation strength of long positions would reach $7.27 billion. It is crucial to note that the liquidation chart does not directly reflect the quantity or value of specific contracts being liquidated, but rather demonstrates the intensity of market liquidity reactions when prices move. A taller 'liquidation column' signifies that after touching this level, there will be more pronounced reactions due to changes in market liquidity.