According to Coinglass data, over 119,600 people have been liquidated in the past 24 hours, with the amount of short liquidations reaching as high as $285 million! In the past 12 hours, $240 million was liquidated, $77.1 million in 4 hours, and another $14.54 million within the last hour. Ethereum once surged to $1968, approaching the $2000 mark, eager to test it; while Bitcoin's intraday high pointed directly at $99,863, just a step away from $100,000!

Many people believe that $100,000 and $2000 are strong resistance levels, expecting a pullback, and are rushing to short. But have you really thought it through? The weekly K-line pressure is still far, and there is still room for a rally on Friday; however, on Saturday and Sunday, with insufficient liquidity, the probability of a pullback after a surge will increase.