There is still a lot of short-selling fuel for Bitcoin now. If it rises to 62,000, there will be a cumulative short position of 3 billion.

And the amount of long positions that can be liquidated is not much. I think it is still possible to buy more when the price reaches around 57,000 and 58,000 again, up to 61,000 and 62,000.

Because the dealers can't make much money by exploding long positions, and it is more profitable for them to induce short positions by falling and then exploding short positions. We can observe again after Wall Street goes to work tonight.