Data Analysis:

According to the current liquidation map, the market's bearish momentum is gradually increasing. Based on the current Bitcoin price around $109,900, if the market fluctuates by $2,000 up or down and rises again to around $111,900, it is expected that the total liquidatable amount for short positions will be approximately $1.7 billion. Conversely, if the market drops to around $107,900, the total liquidatable amount for long positions is expected to be around $1 billion.
Yesterday, the net inflow of funds for Bitcoin ETF spot was 19.7 million USD.

Market Opinion:
Market direction: continue to be bullish in the short term. Judging from the current market trend, whether it is from the 4H or daily level, the overall pullback of the market is not very much, and the current trend is still in an upward trend, at the same time, the ether is also keeping up with the rhythm of the market, and it has also broken through above $2800, whether it is from 4H or the daily level, it is still in an upward trend, and before the ether is in the 3-day line, the 5-day line and the weekly level are in a long period of wide box shocks, so this week is expected to continue to rush towards $3000, In addition, pay attention to the release of CPI data from the United States tonight, as well as the Sino-US negotiations and the United States' immigration-related news. If the Sino-US negotiations can make substantial progress, I personally believe that it will stimulate the market to rise again