Data Analysis:

The current liquidation map shows that short selling pressure is increasing. If the Bitcoin price drops to $102,000, the estimated cumulative amount of long positions that can be liquidated is about $1.12 billion. Conversely, if it rises to $104,000, the estimated cumulative amount of short positions that can be liquidated is about $80 million.
Market View:
Observing the trend of the market during this time, the daily level as a whole is in a relatively wide range of shocks and sideways, suitable for long and short back and forth, waiting for the later change, and for the overall market of Ether is currently following the market, but the overall fluctuation is still OK, short-term attention to whether Ether can get out of a wave of independent market, for the cottage as a whole, there is a general pullback, and so on the market and the Ether market, from the greed index is still in a greedy state, and the market sentiment is still relatively active and positive.
Regarding the current high-level fluctuations of the market, I personally believe that the overall trend of the market is still upward. In the short term, it is relatively easy to see a pullback for the purpose of liquidating long positions before continuing to rise. Therefore, whenever there is a significant pullback in the market, it is our opportunity to layout spot positions and continue to go long. Additionally, Powell will be speaking tonight, and everyone should pay attention to what he has to say, as well as any related news about Trump.
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