$BTC
posted yesterday afternoon, stating that 90500 would definitely be reached by tonight, with resistance at 96000. Today, the highest point reached was 94000, so here is my latest perspective:
1. From the liquidation estimate: upwards, to 96000, could trigger only 280 million, while downwards, to 81500, could trigger 3.4 billion. This huge disparity is similar to what I mentioned earlier at 75000, where the liquidation gap estimate was also 10 times larger. This usually indicates that the market is approaching a turning point. However, I do not believe it will fall back to 81500; a return to 89000 in the short term would be good enough.
2. From the chip structure perspective: I mentioned yesterday that, after stabilizing at 88000, there would be no significant pressure until reaching 96000. As expected, it rose directly to 94000 today. The real heavy pressure is at 96000; the closer we get to that level, the more likely a trend change will occur.