$BTC $BTC BTC: Crash warning, is a pullback to 7000 points coming soon?!!

Yesterday I said we might see a high of 108,000, and today it surged to 110,000. When BTC rises, it often exceeds expectations. I already took profit on my long position near 107,800 yesterday and started gradually shorting altcoins at higher prices. Here are my latest thoughts:

1. From the perspective of liquidation estimates: going up to 112,500 can only liquidate 350 million, while crashing down to 103,000 can liquidate 1.77 billion. This significant disparity has reappeared, similar to what I mentioned a few days ago when I expected a rebound to 108,000. At that time, not much could be liquidated on the way down, but a lot could be liquidated on the way up. Each time this kind of gap is large, it is prone to reversal.