The current market has entered a difficult mode again. Last night, it was said that all short positions below 103,000 would be liquidated...

At present, it seems that there are slightly more short positions. If short liquidity continues to accumulate above 102,600, there may be another push on Friday night!

Generally, as soon as I see price action starting to show phenomena like 'liquidating long positions and then short positions, and then liquidating short positions and going long';

I can be quite certain that the market has entered a range-bound consolidation mode, with the ultimate goal being simple: to support either shorts or longs, and whichever side is fatter will be slaughtered. Once the pricing power in the spot market decreases, such boring market conditions will appear;

Therefore, it is advisable to keep a close eye on the liquidation map, as it often allows for quite a few short-term or quick swing trades; #XRP逆势反弹