Data Analysis:

According to the current liquidation map, the market has just rebounded and liquidated a wave of short positions. Currently, the market is dominated by long positions. Based on the current Bitcoin price around $108,200, if the market fluctuates up or down by $2,000, and rises again to around $110,200, it is estimated that the cumulative amount of short positions that can be liquidated will be about $1.07 billion. Conversely, if the market drops to around $106,200, it is estimated that the cumulative amount of long positions that can be liquidated will be about $1.069 billion.
The Bitcoin spot ETF saw an outflow of 14.1 million dollars yesterday, while there was no fund movement in the Ethereum spot ETF yesterday.

Market Opinion:
Market Direction: The short-term focus is on continued fluctuations. From the current market trend, the daily chart still shows that the market is in a state of sideways fluctuation, without a genuine trend change, and Ethereum and most altcoins are also mainly in a sideways trend. Currently, the market is dominated by news, indicating that it is waiting for the end of the tariff suspension period tomorrow to see what the Americans will say. Therefore, I personally believe that the short-term contracts should mainly focus on short-term fluctuations.

Warm reminder: Focus on light positions with low leverage. This contract strategy is suitable for short-term trading investors. Please remember to take profits in a timely manner and set stop losses according to your personal position. Don't be greedy; securing profits is safer. It's better to have a small loss than to hold on! If the market direction is correct, you can choose to hold on.