💥“The turbulence continues! A major market liquidation is about to arrive, who will become the final winner?”💥

The market is still volatile, approximately 70% of the adjustments are complete, and the bull liquidity near the key level of 92800 is close to being finished, in a state of liquidation, which may encourage the confidence of short positions. At the same time, shorts are also accumulating liquidity near 96500, indicating that the shorts may be liquidated first, and then the bulls will be liquidated based on important statements made tonight.

Why this expectation?

If the market trends downward, the key support level needs to accumulate enough bull liquidity to trigger continuous liquidation and break downward. The bull liquidity below 92800 has accumulated over 80%, and liquidation could be triggered at any time.

Currently, there is still some room for volatility and small rebounds in the market, which can clear short positions in the short term while attracting more bulls, providing the liquidity needed for a breakout. However, the demand in the spot market is relatively weak, and premiums are declining. Unless there is significant positive news tonight, it will be difficult to break through 96500.

If the spot demand remains weak, it will be hard for the futures market to break through that level. The most likely scenario is to first liquidate the shorts near 96000, then attack the bulls at 92800, triggering a liquidation market. However, if neither side breaks, the market may enter a longer period of turbulence, continuing to accumulate liquidity.

Conclusion: The current situation is complex, and liquidation actions could erupt at any time. Who will become the final winner in the market remains full of suspense!