It is expected that from the end of this year to the beginning of next year, the market will usher in a round of significant market fluctuations. In the past two days, contract positions across the entire network have risen to a level similar to when the Bitcoin price was $72,000. According to historical data, when Bitcoin prices approach the key $72,000 mark, a large number of long positions are usually liquidated.

History tends to repeat itself in similar ways, and trends eventually converge.