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Recently, I was looking through some liquidity data and found something interesting.
After several rounds of pullbacks, the price has been hovering around 90,000 dollars. More importantly, a considerable amount of short positions have accumulated at this level—this is not the first or second time; the market has tested this area several times.
What does this phenomenon usually mean? I won't say much, you can judge for yourself. Of course, this is just my personal observation based on the distribution of positions and price trends, and it does not constitute any advice. The market is always full of uncertainties, and it's always good to stay vigilant.