$BTC The perpetual liquidation chart shows that there are not many shorts left above, pulling to 114200 can liquidate 360 million USD, and a pullback to 108500 can liquidate nearly 580 million USD for longs.

It's difficult to assess the market's current trend; if you look at the weekly chart, the major market has already diverged, and there is indeed a demand for a pullback. As for how far it will pull back, it's still uncertain. We urgently need some positive news to stimulate the market and reverse the trend!

Note: Personal opinion, no malicious guidance, and no investment advice given!