The recent two weeks of futures market opening records show:

The large liquidity concentration areas have recently completed liquidation, revealing a massive bullish liquidity zone around 61600, where the cumulative liquidation intensity reached 364 million USD;

During the March period, its liquidation intensity even exceeded the cumulative bearish liquidity around 70000...

Since the bearish liquidity around 70k was generated at the end of July, after three months of fluctuations, it is very likely that this liquidity no longer exists; otherwise, it cannot explain why the price did not break through the last small range of 500 dollars when it surged to 69500;

The only explanation is that the bearish liquidity around 70k surrendered and liquidated before the price approached that area...

This makes the currently most concentrated liquidity area on the market 61600. Although I do not believe the price can return to this level before the employment data and election results are released, long-term bulls can still keep an eye on this position;