7.13 Bitcoin Hits New High! Shorts Lose 1 Billion in a Day, Is the Bull Market Unstoppable?
Current Market Conditions of BTC and Future Trends, Real-time Layout for Ten Thousand Points Profit Long-term Position! Bitcoin staged an epic market on July 11, 2025, with its price first breaking the $118,000 barrier, reaching a peak of $118,856 during the session, setting a new historical high. This explosive surge instantly ignited the market but also triggered a massacre of short positions—data shows that in the past 24 hours, the total liquidation amount across the network reached $1.17 billion, with nearly 90% of the losses from short positions, leading to over 230,000 traders being liquidated and the market in despair.
The flames of Bitcoin soaring to the sky illuminate a new era of institutionalization and policy legalization, while also reflecting the wreckage left behind by leveraged liquidation. $118,000 is a milestone, but not the end—just ahead, the psychological barrier of $120,000 is both a technical stronghold and a touchstone for human greed. While bears are still catching their breath, bulls are already loading ammunition for the next charge; the market shows no sympathy for the weak, only reverence for the awake.
Operation Suggestions:
Buy Bitcoin at 115500-116000, target around 118000-120000. Defense at 115000.
Buy Ethereum at 2860-2900, target around 3000-3100. Defense at 2800.