Data Analysis:

The current liquidation map shows that among the 50x and 100x positions, long positions have already experienced a wave of liquidations. Based on the current Bitcoin price around $86,000, if the Bitcoin price drops to $85,000 again, it is estimated that nearly $980 million in accumulated long positions will face liquidation once more, and risks should be noted.
Market View:
It's really not easy, the market is finally about to change a bit, while Ethereum has directly dipped down, which also indicates that currently Ethereum is still following the downward trend instead of the upward one. From the current trend, Bitcoin is still in a downtrend. The next focus on Bitcoin options settlement pain point is at 85000. Let's see if the market can hold above 85000. If it breaks below, there will be another wave of accelerated decline. The Ethereum options settlement pain point is at 2400 USD, and according to the current Ethereum trend, it won't reach that.
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