CME Bitcoin futures broke through $100,000 twice in a week, and the market is paying attention to the spot price following the trend

[CME Bitcoin futures broke through $100,000 twice in a week, and the market paid attention to the spot price to follow the trend] According to Cointelegraph on November 30, Chicago Mercantile Exchange (CME) Bitcoin futures broke through the $100,000 mark again on November 29, reaching $100,200. This is the second time that the milestone price has been broken in seven days. Data shows that the number of open contracts for CME Bitcoin futures exceeds 40,000, and the trading volume reached $12.3 billion before the Thanksgiving holiday. The spot price of Bitcoin fell after reaching a high of $98,600, and the price difference between Coinbase and Binance once exceeded $200. Market data shows that there is a large sell order pressure near $100,000. According to CoinGlass data, this round of rise has triggered the forced liquidation of about $55 million of short positions. To break through the $100,000 integer mark, bulls need to push the price to more than $99,000 to trigger a new round of liquidation.