According to the information presented in the liquidation map, there are concentrated liquidation chips held by short positions around the price level of 100,000 USD.
From this information, it can be inferred that a portion of shorts are still in the process of building positions and attempting to struggle against the market. However, the holdings of this portion of shorts will ultimately transform into a strong driving force pushing the price of Bitcoin upward, becoming a key "facilitator" for Bitcoin to successfully cross into the six-figure price range.
In recent days, Bitcoin has continuously set new highs in trading, and its upward movement has not shown signs of an accelerated sprint, nor has it moved towards extreme market conditions. This situation fully indicates that the current market trend has not yet reached its peak.
Therefore, investors should not go against the trend; let us all wait and witness this historic moment for Bitcoin together!
