Is it approaching 100,000? Let's take a look at the points that bulls and bears need to pay attention to in BTC from the liquidation map.

Bitcoin's current trend remains strong, with many friends already betting on BTC reaching 100,000. The greed index has also hit 90. Can the market really reach 100,000 as everyone hopes? Let's analyze the current points that bulls and bears need to pay special attention to from the liquidation map.

From the map, the current bullish strength is slightly higher, while the short sellers' concentration of liquidation points is mainly at the previous high, around 93300. The cumulative liquidation intensity at this position has reached 340 million USD, and the concentrated liquidation range for shorts extends up to around 94580.

Moreover, based on the current strong trend of BTC, the previous high is bound to be broken in the short term. Therefore, shorts need to pay special attention to the previous highs of 93300 and the line of 94300-94500. If BTC breaks the previous high, many people will chase after the rise, liquidating the concentrated area of shorts above. Will there be a spike forming a false break followed by a pullback?

For bulls, the main concentrated liquidation points are 90600 and 90000, with cumulative liquidation intensities of 421 million and 683 million USD, respectively. The main concentrated liquidation range for bulls extends up to around 89220, which has accumulated 943 million USD.

Bulls need to pay special attention to around 90000, as this position is not only a concentrated liquidation point for bulls but also near the trendline of this upward movement. If there is a pullback to around 90000 and the price bounces back, it should be a very good entry point for bulls. However, if a large bearish candle breaks below, the subsequent market may face a significant pullback.

Lastly, it is worth mentioning that the current BTC trend is very strong, and the greed and fear index has also reached 90 points. However, the more this is the case, the more I advise everyone to set stop-losses, as the market is often volatile. The best weapon against market manipulators, in my opinion, is to always maintain your defensive position, so regardless of how the market moves, we always have our own confidence.