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Data Analysis:


The current liquidation map shows that based on the current Bitcoin price, if the Bitcoin price rises again to around $105,000, the estimated total liquidatable short amount is about $750 million. Conversely, if it falls to around $100,600, the estimated total liquidatable long amount is about $865 million. It is also important to note that currently, longs dominate the market, and any pullback should pay attention to the $100,000 level.
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Market View:
Compared with the previous trend of Ether, this time the performance is still relatively good, and the next thing that needs to be paid attention to is whether Ether can continue to maintain this strength, and we also see that many altcoins are also rising with a wave, especially the currency increase of the popular track is still relatively objective. However, there is still a big price gap from the altcoin price in December last year.
As the market fluctuates around $103,000, I believe there is still a chance for the market to break through to $105,000, or even more. There might be a surprise that directly creates a historical new high. Of course, whether the market will reach a new high, we can just wait and see. Let's focus on Ethereum; from the current Ethereum trend, it still looks relatively healthy, with a sense of a king's strong return. Whether it can truly remain strong needs to be observed in the future trends for a while, as I am quite concerned that Ethereum is only temporarily strong, rather than consistently strong.
In terms of liquidation data and the liquidation map, the short positions have basically been cleared. Currently, the market sentiment is very active, positive, and in a state of greed. The next focus is whether the overall market will continue to rise. If it does continue to rise, where will it go, and when will there be a significant correction? These are all points to pay attention to, so it's important to approach the market rationally and earn wealth within your understanding. Therefore, it is advised that family members do not use heavy positions or all-in on contract trading, and always set stop-losses.
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EatMeatAndEatOilvip
· 05-09 02:22
In the morning, a long wick candle pierced above 104000, taking away the liquidity above, right?
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