Although Bitcoin fell by nearly 3 points in 2.5 hours, the long positions only exploded less than 50 million US dollars. Compared with this explosion volume, the dealer has not yet harvested satisfactory chips. Without considering other factors, I will guess where the dealer may pull up based on the position liquidation data.

According to the 24-hour liquidation map, the next long liquidation high of Bitcoin is between 57,000 and 56,500. This means that after a drop of 1,500 points (about 1.9%) from the current level of 57,750, the dealer will obtain about 200 million US dollars of liquidity, but below 56,000, the long liquidity drops sharply.

The short liquidation points are concentrated around 59,000 to 59,800. If the price rises to this range, the dealer can obtain nearly 450 million US dollars of short chips. Therefore, from the liquidation map, Bitcoin may first fall to the 55,500-56,500 range, and then rise by 60,000. In addition, 55500 is also the 0.618 support line after the last plunge from 49000.

Therefore, the 55200-56000 range can be used as a reference point for long positions or entry. #非农就业数据即将公布 $BTC $ETH