Data Analysis:

Based on the current Bitcoin price of $81,500, if the price of Bitcoin falls to $80,000, it is expected that the cumulative liquidated long position will be $170 million, and the cumulative long liquidation of the whole network is expected to be about $626 million.
Market View:
Currently, the overall trend of the market is leaning towards a decline. The market is most concerned about whether the index can form effective support as it falls to around $80,000. Personally, I think it will be quite difficult to find support, and it will continue to decline. This is because the volatile tariff war initiated by Trump is causing turbulence in the entire financial market, and in the short term, the index will continue to decline as well. As for how far it will fall, we need to observe the situation as it unfolds.
Today is the closing time for Bitcoin's March monthly line. I believe that even if there is a rebound at the close, it will be limited. This week's news mainly revolves around the U.S. non-farm payroll data, which everyone should pay attention to. The focus is still on the tariff war advocated by Trump.
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