Three months later, BTC has once again crossed the 70,000 mark. From the liquidation map, the short positions with 100x leverage have almost been cleared, and the market may enter a small sideways trend, waiting for an increase in short positions. At this time, the bulls need to pay close attention to the trend, as there are too many high-leverage chips at 100x, and any decline could be severe.

The last time the market broke 70,000 was on July 29. Currently, the market trend indicates it will enter a sideways phase, with the market likely ranging between 69,000 - 70,500, Ether between 2,520 - 2,620, and Solana between 175 - 183. Personally, I still see a bullish direction; if the market can stabilize at 69,000, there is a chance to challenge 72,000, and patience is required to wait for the trend change after the sideways movement.

When the market broke 70,000, many altcoins did not follow suit. This is mainly due to limited funds in the market, as the market absorbed the funds from altcoins, and factors such as the U.S. interest rate hike causing large funds to flow back to central banks. However, everyone need not be overly anxious; next month there will be news of presidential elections, interest rate cuts, etc., at which point altcoins are expected to rise. Although the extent of the increase is unknown, both the market and altcoins have their own 'seasons'; when the time comes, it will naturally arrive, so there is no need to rush.