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Recently, the liquidity distribution in the Bitcoin (BTC ) futures market has shown an interesting pattern. Data indicates that the concentration of short positions liquidity in the short term keeps the $130,000 level still having the potential for a breakthrough. However, in the long run, the market seems to be moving towards the $83,000 direction, and any large-scale pullback could drive the price closer to this level.
This bidirectional trend suggests that Bitcoin may first hit the $130,000 mark, and then pull back to around $83,000. This trend prediction raises a thought-provoking question: if Bitcoin really pulls back to $83,000, can the current bull market pattern still be maintained?
Market participants need to closely monitor these two key price levels, as they may become important turning points determining short-term and medium-term trends. At the same time, investors should also consider broader macroeconomic factors and industry developments, all of which could have a significant impact on Bitcoin's price trajectory.
As the cryptocurrency market continues to evolve, changes in liquidity patterns will continue to provide us with valuable market insights. However, in the face of such a complex and changing market environment, it is crucial to maintain a rational and cautious investment attitude.