Liquidity for short positions on BTC is concentrated around 96500, reaching a liquidation peak, which is quite similar to the previous complete breakout at 85000.

However, there is a liquidity gap at 97k - 98k that has not been fully filled, and the probability of short positions being liquidated at 96500 in the short term is relatively high. However, whether it can ultimately enter the liquidation zone above 98k still has considerable uncertainty.

There are theoretically two possible trends:

1. After the release of macro data, prices fluctuated rapidly in the short term, clearing short positions liquidity above 96500, followed by a pullback, returning to the current range of fluctuations. Subsequently, the price rebound can be judged based on the distribution of new liquidity added before Friday.

2. After the macro data is released, if the market perceives it as bearish, the price may not liquidate the 96500 short positions liquidity and directly pull back. If the subsequent long positions liquidity increases moderately and the overall leverage ratio is not high, after a round of pullback, there is still a possibility for the price to rise again and liquidate the 96500 short positions liquidity.

On Wednesday, the non-farm payrolls and GDP data will be released, and on Friday, the non-farm payrolls and unemployment rate data will also be announced, which will inevitably bring significant volatility to the market, and there may even be a scenario of rising first and then falling. It is recommended to pay close attention and respond cautiously. #MemeBox 现已支持 Solana 公链 #非农就业数据将公布 #贝莱德数字股票申请 #BTC