BTC daily chart high position volatility, nearly 300 million dollars in liquidations within 24 hours, significant losses for bulls. If BTC falls to 102,611 dollars, long positions will be liquidated over 30 million; if it rises to 104,611, short positions will be liquidated at 280 million, with higher risks for bears. US stocks perform weakly, gold has dropped to a one-month low, and Deutsche Bank suggests that the Federal Reserve may not cut interest rates until December. The market is in a wait-and-see mood, and it is recommended to control leverage.