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Data Analysis:
The current liquidation map shows that due to the morning rise of Bitcoin, a wave of short positions has already been liquidated. Based on the current price of Bitcoin around $96,500, if it rises by another $1,500, it is estimated that the cumulative amount of short positions that can be liquidated will be about $850 million. Conversely, if it drops to $95,000, it is estimated that the cumulative amount of long positions that can be liquidated will be about $1 billion.
Market View:
Due to the upcoming business contacts between China and the U.S., Trump has once again hinted at significant positive announcements in the coming days, as well as news that the U.S. will stimulate the market's rise through legislation on Bitcoin strategic reserves. This indicates that the current rise in the market is mainly influenced by multiple positive news factors.
The market sentiment has also become positive and active now, and the most关注消息 is what major favorable announcements Trump will make, which is also the most关注消息 in the market. Analyzing the current market trend in conjunction with multiple favorable news, I personally believe that the overall trend of the market in the next few days will be bullish, and it is relatively easy to move towards 100,000.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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