Looked at the contract liquidation map of $BTC

If Bitcoin falls below $106,000, the liquidation intensity of long positions will reach $958 million.

Conversely, if Bitcoin breaks above $110,000, the cumulative liquidation intensity of short positions will reach $685 million.

Still the same point of view, the US stock market is closed today, and the next two days are the weekend. In the case of low liquidity, killing leverage has become the favorite thing for the big players to do. Moreover, today there is also news of the activation of BTC ancient addresses, which just happens to be an opportunity to crash the market. A drop to $106,000 to liquidate the longs would be about right; it won't drop much, and any rise will be a matter for next week.