From the current liquidation situation analysis: If Bitcoin rebounds above 98,000, the bears will face a liquidation risk of 213 million dollars; if it falls below 94,000, up to 207 million dollars of long positions may be liquidated. The market is showing a stalemate between bulls and bears, with both sides in balance.

Despite this, there are always brave traders in the market who invest heavily and are not afraid of risks. However, we still expect the bears to make one last stand today. If the bearish pullback is insufficient, a strong counterattack from the bulls may follow, and Bitcoin is expected to re-enter the six-figure era.

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