It broke down. This pattern looks normal, but the force is greater than I expected.

Short liquidation points:

101182, 102062, 102942, 103822, 104702, 105582 (centralized liquidation), 106462-107342 (short final liquidation interval)

Long liquidation points:

99312, 98432, 97552-96672 (long final liquidation interval)

Long positions have basically been liquidated, waiting for feedback from order flow and liquidation point rebound effects.

$BTC