Bitcoin is currently approaching the key price level of 100,000, and a considerable number of long and short positions have accumulated in the market recently.
If the price of Bitcoin experiences a significant surge and rises to 109,000, then the short side will suffer heavy losses, with an estimated 2.8 billion in short positions likely to be liquidated;
On the other hand, if the price of Bitcoin experiences a sharp drop and suddenly falls to 88,000, the long side will be in serious trouble, with approximately 4 billion in long positions expected to be liquidated.
This means that just tonight, as long as those behind the scenes who control the market direction take a major action, whether it's a significant surge or a sharp drop, either the long side or the short side will inevitably face a complete rout.
Now, let's consider this from a different perspective; if you were in the short position, facing such a situation, what choice would you make?
