This week's BTC full network futures historical liquidity accumulation map update!

First of all, Monday's market has already emerged, just in time to liquidate the short liquidity that appeared on January 31, which is the 106k~107k area we have repeatedly mentioned over the past week;

With the boring fluctuating market of last week coming to an end, both bulls and bears in the current market are gradually accumulating a considerable amount of liquidation.

According to the idea in last Monday's citation...

The overall structure of the current market is still fluctuating upwards, so although short-term short liquidity is not as much as that of the bulls, it cannot be assumed that we should liquidate the bulls...

Only when we see damage to the bull trend structure of the price can we consider the possibility of a deep pullback or even a reversal, and this critical threshold is around 100600!

As for the current or this week's market expectations, I still believe we can maintain a bullish outlook or continue with the original range fluctuations;

As long as the two low-density bull liquidation areas below the current price do not gradually turn into high-density ones, the price can continue to move towards testing the previous high + liquidation.

If any negative news appears this week, causing the price to break below the current lower boundary, then this bull liquidity will trigger a chain liquidation, down to around 90800;

Similarly, if the spot market continues to maintain buying, then the above short liquidity could also trigger a chain liquidation, pushing the price up to around 117000...

In short, it’s either a new high or a similar large range fluctuation like that in 2024, with futures still holding a dominant position.

You can copy my chart and annotate the price positions yourself, with the upper edge of the yellow rectangles above the price being potential resistance levels, and the lower edge of the yellow rectangles below the price being potential support levels! $BTC $ETH