Analysis: If BTC rises by 10% and exceeds $15 billion, short positions will be liquidated, and if BTC falls by 10% and exceeds $9.5 billion, long positions will be liquidated

According to a report by Golden Finance, Bitcoin is working hard to retest its support levels. Due to liquidity analysis indicating favorable conditions for a significant bearish squeeze, market prices are expected to fluctuate. If the price falls again, $100000 remains a possible target. Analyst Cas Abbe posted on X platform that if the price of Bitcoin rises by 10% from now on, the $15.11 billion short position will be liquidated. At the same time, if the price of Bitcoin drops by 10%, the long position of $9.58 billion will be liquidated. The current negative financing rate indicates a "large number of short positions" over the weekend, and it is expected to experience major fluctuations next week, which may push the price of Bitcoin to over $109000 to $110000.