$BTC Sideways Game: The Liquidation Storm is About to Hit!

Current Situation: As of May 16, 2025, 15:04, the price of #BTC is oscillating around 101,900 USD, with a 24-hour decline of 1.55% and a trading volume of 2.61 billion USD. After a long period of sideways movement, the market is brewing with hidden currents, and liquidation orders are on the verge of being unleashed!

Liquidation Map Analysis:

Upper Liquidity: A surge in liquidity around 106,000 (106.0k USD) has accumulated long orders, attracting the main force to 'harvest'.

Inducing Longs: BTC may suddenly surge to 106,200 (106.2k USD), liquidating the upper longs, with a testing range allowing for an upward movement of 1000 points (107,000 USD).

Sharp Downward Move: After the surge, a quick reversal could break the critical psychological level of 100,000, heading straight for the CME gap and the massive liquidity below at 92,000 (92.0k USD)!

Key Support: 92,000 serves as strong support; if breached, it may further dip to 89,000.

Market Insight:

On-Chain Data: On May 7, the concentration of chips reached 15.5%, with selling pressure and support coexisting near 100,000, paving the way for liquidation.

Technical Analysis: MACD death cross convergence, RSI neutral (50), running within the Bollinger Bands mid-range (98,000-105,000); a breakout requires accompanying trading volume.

Macroeconomic Background: The Federal Reserve's interest rate cut expectations are boosting enthusiasm for risk assets, but short-term profit-taking pressure is intensifying, raising caution for market sentiment reversal.

Trading Strategy:

Short Entry Point: Around 106,000-106,200, stop loss at 107,500, targets at 100,000 and 95,000.

Long Entry Point: If it stabilizes at 92,000 after a drop, consider attempting a short long, stop loss at 89,000, target at 98,000.

Risk Control: Strict stop-loss under high volatility, position control at 5%-10%.

Closely monitor the liquidation dynamics at 106,000 and market sentiment!