Since BTC has a temporary supply of 110,000, it is unable to easily initiate a short liquidation market. Therefore, is it possible for the market to pull back again to capture long liquidity?

From a liquidity perspective, the potential target for a price pullback is in the newly added long liquidation zone below (107k~108k). So, continuing the thought from the quotation, if we can see the price test 107k and it cannot continue to decline, then this would be another situation similar to the 105k pullback.

On a short-term basis, one can wait for this position to try to go long and take profits when the price reaches around 110,000 again.

Yesterday I mentioned, "temporarily giving up the trend thinking of buying on the pullback," and many misinterpreted it as not allowing to go long...

In fact, the key to this statement is in the "trend thinking." The trend thinking of buying on the pullback believes that after a price pullback, a bullish trend can emerge. Therefore, it does not take profits and only uses a trailing stop loss.

However, under the short-term swing thinking, the "buying on the pullback" requires taking profits in advance and does not preset the price to rise higher...

In simple terms, it means lowering expectations first. The market's message to me is "don't rush the pattern," so I will heed the advice and return to a medium-short term swing trading mindset.

Finally, let’s summarize the potential targets for price fluctuations:

Bullish breakout scenario: target at 113.3k;

Healthy pullback scenario: target at 107k;

Bearish reversal scenario: targets at 103k and 102k...