#BTC突破100K Yesterday, there was a surge where Bitcoin completed the liquidation of all short liquidity at 104k.

Returning to the current market conditions, we can see that the remaining short liquidity above the current price is only between 105k and 106k, while above this price level, there is a complete vacuum of liquidity;

Therefore, at least within this week,

it is unlikely that the price will break through 106k, so in my view, the current situation is:

1. Short liquidity (fuel) is almost exhausted!

2. The total amount of unliquidated long liquidity is relatively high, but scarce near the current price;

3. The funding rates of the three major exchanges have all returned to normal.

Therefore, it can be expected that 100k~106k will become a new oscillation range, until the short liquidity above 106k fills this gap, or the long liquidity around 97k completes its accumulation.

For those holding long-term short positions with a high liquidation price, after this round of second-stage surge, they must be quite anxious, but this is precisely when the price is about to start oscillating.