#BTC重返10万 Returning to the current market situation, we can see that the short liquidity above the current price is only a residual 105k to 106k, and above this price level, there is a complete vacuum of liquidity; therefore, at least within this week, it is unlikely that the price will break through 106k. So in my view, the current situation is: 1. Short liquidity (fuel) is almost exhausted! 2. The total amount of unliquidated long liquidity is relatively high, but scarce near the current price; 3. The funding rates of the three major exchanges have all returned to normal. Therefore, it can be expected that the range of 100k~106k will become a new oscillation zone until the short liquidity above 106k fills this gap, or the long liquidity near 97k completes its accumulation. For those holding long-term short positions, with a high liquidation price, after this round of secondary surge, they must be quite nervous, but this is exactly when the price is about to start oscillating.