Currently, the situation with BTC is akin to both bulls and bears being completely shaken up... Both sides have entered a state of buying and holding, with a large amount of short liquidity formed between 98000~99500, while a significant amount of long liquidity has formed between 92800~92000... This is the inevitable result of a long-term oscillation without a breakout, with liquidity continuing to accumulate!
From a logical deduction perspective, the final direction of this oscillation range will be determined by the liquidity that gets cleared afterwards. In other words, if the price chooses to clear the upper liquidity first, it may ultimately move downward; Conversely, if the price chooses to clear downward first within the current range, it may eventually lead to new highs...
