This evening I also analyzed for everyone that if $BTC Bitcoin doesn't break 100,000 tonight, it will plunge down, as expected. You can understand that the market has been very bizarre these days.
Now let's take a look at the liquidation chart, it is still in a state of confusion between bulls and bears. The feeling we get is that the price is too high, chasing bulls is not feasible, and now that it has fallen, Bitcoin has been very strong these past two days, chasing bears is also very risky.
Looking at the liquidation statistics again, it can only be described as a sight too grim to behold, both bulls and bears are getting liquidated. This is meant to completely wipe out retail investors. The 12-hour liquidation statistics are somewhat balanced, with long positions liquidated at 110 million and short positions liquidated at 150 million.
As for the current market situation, my personal suggestion is not to play with contracts, because you can't hold on to them. The volatility is very high, and with slight fluctuations, you will either be stopped out or have your margin called. You can see that the spot I recommended to everyone is really quite good, and those who are already in have made profits. We will continue to push higher.