$BTC The Bitcoin surge is really strong, breaking past 100,000 and directly surpassing 102,000. The short liquidity around 102,000 mentioned in yesterday's liquidation map has also been harvested, with an additional rise of 2,000 points, and those who shorted at 102,000 have also been liquidated!

In terms of trends: On the daily chart, the Fibonacci retracement formed by this wave has already returned 80%, and the Fibonacci level at 102,000 has also been broken. The only thing left above is the historical high. Can this wave push to a new historical high?

It's hard to say. Currently, there is basically no liquidity above on the liquidation map, and the last liquidity at 102,000 has also been liquidated! Now, we fear that if market sentiment rises and short positions continue to accumulate, liquidity will return, creating a spiral!