This weekend, transactions on the BTC chain showed a stable trend, and there were no significant large-order transaction trends. Market participants’ attention is primarily focused on the liquidation points for shorts and longs.

Currently, short liquidation points are densely distributed in the range of 98157 to 100653, showing that short forces have a strong willingness to liquidate in this area. The long liquidation point is located in the range of 93373 to 96493, indicating that bulls are also seeking liquidation opportunities in this range.

It is worth mentioning that the liquidation point of 99405 and the long liquidation point of 95453, which is not explicitly mentioned but can be assumed to be similar, are evenly matched in terms of liquidation intensity. This reflects the balance of power in the market in this price area, and the two sides are in a stalemate.

From a technical perspective, the current pullback trend is in line with normal fluctuation expectations on the 12-hour chart. On-chain data does not show strong short-chasing signals, and the overall market remains in the stage of technical adjustment. Therefore, investors should pay close attention to market dynamics and remain cautious in response to possible market changes. $BTC $ETH $BNB #比特币突破10万？ #BTC创历史最大月度涨幅 #非BTC板块市场走势 #BTC☀ #ETH🔥🔥🔥🔥