BTC is currently in a liquidation pressure zone. According to the Coinglass liquidation map, approximately $103K below is the liquidation area for long positions; if it falls below this level, it could trigger a chain sell-off. The area above $105K–$112K is where short positions are concentrated; if it breaks above, it may trigger short covering, driving the price up rapidly.
The market is expected to oscillate around these two areas in the short term. Once a key range is broken, the trend will become clearer. It is recommended to pay attention to changes in the liquidation zones, combined with volume and capital flow indicators to improve the winning rate.
