From the current liquidation map, the forces of long and short positions are relatively balanced, and the market liquidity is quite sparse.
If Bitcoin rises to around 11720, it is expected to liquidate short positions of about 686 million USD; if it falls to 11320, it is expected to liquidate long positions of about 950 million USD.
Regarding Ethereum, if it rises to 4700, it is expected to liquidate short positions of about 920 million USD; if it falls to 4500, it is expected to liquidate long positions of about 1.23 billion USD.
Old Tian's view:
Overall, the outlook remains bullish. Currently, from a daily perspective, the market is still in a consolidation range, with limited overall volatility, and it is still necessary to wait for a true directional breakout. The trend of Ethereum is relatively weak, which also reflects that the market is currently in a wait-and-see state, awaiting the results of this week's Federal Reserve interest rate decision.
