Data Analysis:

Based on the current Bitcoin price near $111,500, if the market rises again to around $113,000, it is expected that the cumulative liquidable short amount will be about $850 million, on the contrary, the market will fall to around $110,000, and the cumulative liquidable long amount is expected to be about $650 million
Market Viewpoint:
Market Direction: Continue to be bullish in the short term. The bullish view is based on the continuous net inflow of funds from BlackRock, and additionally, the overall trend of the market still maintains an upward trajectory, with market sentiment being active, positive, and greedy.

And for most altcoins such as ether, it is also rebounding with the rise of the market to a new high, but the current rebound of copycats for the overall price of cottages last year, even if the rebound is not as high as last year's most copycat prices, such as ether, when the market hit a new high last year, ether was around $4,100, and now ether is only $2,600, what does it mean?

Personally, I believe the market is still bullish on Bitcoin, outpacing most altcoins. Therefore, it is advisable to prioritize Bitcoin when it comes to contracts. As for whether the altcoin season will come later, we can only wait and see.

In addition, as the market hits a new high during this time, there are many bulls accumulating below, so you need to pay close attention to whether the market can maintain an upward trend, especially in these days, you need to pay attention to whether there will be a large pullback to liquidate the risk of long positions, an old saying in the market: others are greedy and I panic, others are panic and I am greedy, please remember!

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