#BTC再创新高 Current Situation: BTC Hits New High

Currently, BTC stands at its peak, with the bears being slaughtered by 80%. Looking upwards, 113,000 has a bunch of shorts waiting to be 'harvested', while looking downwards, 106,500 has a large number of bulls that might 'liquidate' at any moment.

Data Speaks: The Exchange's 'Harvesting Plan'

Through calculations, it was found that the liquidation area for shorts above is greater than that for longs below. What does this mean?

For example: Just like a fisherman discovering that the fish pile upstream is denser than downstream, he will definitely choose to cast his net upstream. The exchange operates similarly; the upper shorts are more plump, and the profits from harvesting shorts are higher.

Key Price Levels: Where is the Lifeline?

Above 112,800: The 'Nightmare Threshold' for shorts, breaching this level may trigger a chain reaction of liquidations.

Below 106,500: The 'Defense Line' for bulls, losing this will trigger an avalanche of liquidations.

Real Case Review: Do you remember a certain time last year when BTC plummeted from 28,000 to 25,000? It was triggered by entering a dense liquidation zone for bulls, evaporating a billion dollars in just a few hours!

The 'Business Logic' of Exchanges

The simple and brutal truth: Exchanges are not charitable institutions; they will choose the direction with better returns. Current data shows that pushing up prices to harvest shorts is more 'cost-effective' than crashing prices to harvest longs.

Risk Warning: Don't be fooled by the data!