$BTC

This wave of Bitcoin market is simply unexpected! The liquidity gap originally focused on 108,000 - 109,000 was directly pulled over by spot buying. The news of the China-US talks is too powerful, and the market took off directly.

Now the situation is a bit strange; although the price has reached a higher settlement zone, it hasn't triggered a chain liquidation. This position is too awkward; shorting is risky if it goes up, and going long is risky if it goes down. If there can be a pullback to the starting point of 108,900 after a daytime fluctuation, or if there are new favorable conditions after high-level fluctuations, it is highly likely to rush towards the short liquidation zone around 114,000.