In the past 8 days, BTC has witnessed impressive growth, increasing by nearly $24,000. In just the last 24 hours, approximately 272,139 investors have been liquidated with a total value reaching $1.03 billion. Observing the liquidity map, it can be seen that the areas above have almost no value.
BTC continuously sets new highs without any corrective phases to maintain a stable upward structure. This could lead to a sharp price drop if the upward trend is broken.
The press and media channels are also widely reporting on BTC's price surge, attracting many new investors (F0) into the market. However, with BTC only recently hitting 4,000$ for a long time, caution is needed regarding sudden market crashes.