Short-Term Risk Alerts from the BTC Liquidation Heatmap Perspective:

From the three-day liquidation data, large liquidation concentration areas are focused on key price levels of 120664, 117591, 115500, and 115200. Currently, there is a significant accumulation of large long positions, while short positions lack substantial accumulation.

This market structure reveals a short-term market sentiment leaning towards a unified bullish outlook. However, it is essential to note that when the majority of participants form a similar expectation, it often indicates that the potential game equilibrium point is nearing—if the main institutions intend to offload, a temporary price surge may be a means to create an exit window. Therefore, at this time, chasing long positions should be approached with caution due to the risk of a pullback after an overheated sentiment. It is advisable to dynamically assess the safety of positions in conjunction with key support levels. #BTC重返12万 #ETH突破4300 #币安Alpha上新 #BTC走势分析 #BTC🔥🔥🔥🔥🔥