$BTC rose by $3,400 in the early morning. Domestic short-selling players stopped losses in their sleep, including me, and were accurately stopped by the market. Fortunately, there were orders from $PEPE $NEAR $SOL $JUP to make up for it.

This wave of rise liquidated more than 90 million short positions. Currently, $BTC's positions and trading volume have begun to decline. Some players feel that the current market has reached the profit-taking position in their minds and have started to sell at a profit. The position volume has obviously increased and most players are participating in the current market transactions.

In the evening, I tested the 56860 pressure position I mentioned. The highest price of 57100 liquidated the shorts and then fell rapidly. Now it depends on whether the market can stand firm at 56200. If it stands firm at this position, there is still momentum to rebound upward. If it does not stand firm, it will continue to fall back to 55000.