The current price has entered an area of ​​fierce competition between long and short parties. Both long and short parties have their own reasons. It is expected that the market will fluctuate greatly in the future. Both long and short parties in the market have begun to lay out their plans for the expected interest rate cut in the early morning.

Data shows that in the next 7 days, BTC has $469 million of short positions at $61,800 facing liquidation, and $347 million of long positions at $59,300 to be liquidated.