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Data Analysis:


The current liquidation map shows that if Bitcoin falls to around $92,500, the total amount of long positions expected to be liquidated is approximately $1.93 billion. Conversely, if it rises to around $96,600, the total amount of short positions expected to be liquidated is approximately $2.13 billion. Meanwhile, the long and short forces are about the same, indicating that the market is relatively balanced between longs and shorts.
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Market View:
The overall market is currently in a fluctuating trend, and the market mainly adopts a wait-and-see approach. The reason for such a long period of sideways movement is simply that there are no particularly hot topics or other news impacting the market trend. The market has entered a relatively quiet or calm period, and everyone is waiting and observing. Personally, I believe that without a real change in the market, we should still operate contracts with short-term strategies.
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