Bitcoin has undergone a sideways consolidation with reduced volume over the weekend, accumulating a significant amount of futures liquidity in both directions.
Currently, the forces of both bulls and bears are almost equal, but in the short term, it is slightly favorable for the bears. This is because the amount of short positions added over the weekend was less than expected, while the bulls have gradually accumulated a significant amount of funds below the current price.
As it stands, the price could fall around 91200, where a lot of long funds could be liquidated.
After a weekend of sideways movement, the 96500-99800 vacuum zone has begun to see capital injection, which also provides conditions for the bulls to break through 96500 in the future.
The forces of both bulls and bears are close, and some important economic data will be released between 8:30 PM and 10:30 PM on the 30th, which could likely become a key factor in breaking the deadlock, where one side's funds are subject to forced liquidation. $BTC