The liquidity distribution in the BTC futures market is really tense...

Whether it's bulls or bears, currently both sides are in a state of not giving an inch. This week, price fluctuations have surprisingly decreased significantly. The liquidity of short positions at high levels is still relatively abundant, but the liquidity of long positions at low levels is overall more coherent.

To be honest, in this range, it's impossible to tell where the price will go for liquidation first; we can only wait for the subsequent liquidity to continue to accumulate...

The main reason for this situation usually occurring is that the cumulative liquidation volume in the futures market has not yet reached the threshold to trigger liquidation, while the macro environment is waiting for some clear directional expectations, so the price tends to be unusually restrained...

Once the fuel on both sides is piled up, just a small piece of news or some fluctuations in the spot market can trigger high volatility again. #Alpha 积分系统上线# #以太坊十周年# #ETF实物申购赎回# #BTC# #ETH#