Data Analysis:

According to the current liquidation map, the overall market is primarily bullish. If the price of Bitcoin drops to $103,800, it is expected that the cumulative amount of long positions that can be liquidated will be approximately $1.97 billion. Conversely, if it rises again to around $107,800, it is expected that the amount of short positions that can be liquidated will be approximately $1.25 billion.
Market outlook:
Market direction: Continue to be bullish. From the current market trend, the market is still continuing to rebound and rise, and the pullback is not significant. Ethereum is also keeping pace with the market, overall in an upward trend, which is also driving most altcoins to continue rebounding. Regarding the current market situation, I personally believe there is still a chance to hit new highs this week, so there's no need to panic when the market pulls back; rather, it is a good opportunity for us to continue to go long. Also, considering the large fluctuations in the market these days and the back-and-forth liquidation of longs and shorts, I suggest everyone set their stop-losses further away as a precaution against sudden large pullbacks or waterfall events.
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