I think the big pie might enter a period of volatility next. There aren't any significant news stimuli in the market right now, making it difficult for the price to rise above 110,000. Many people who bought coins early might sell at this price level and wait for the price to drop before buying back.

From the daily liquidation data, there are more short positions than long positions, making it hard to judge the short-term trend. It might first drop a bit to test the range between 102,500 and 100,800, and then rebound.

The current market trend is quite convoluted; as long as the price doesn't drop below 100,000, we can buy on dips. If it drops below 100,000, it will form an M-top on the 4-hour chart.