BitUnix analyst: Long positions leading to liquidation peak, short-term support for BTC emerging, advised to cautiously pursue long positions

According to BlockBeats news, on May 27th, data showed that the cryptocurrency market has experienced a total of 211 million US dollars in liquidation in the past 24 hours, with multiple liquidation reaching 131 million US dollars, far higher than short liquidation (79.84 million US dollars), indicating that long leveraged funds have been concentrated and liquidated during the market's decline. From the BTC clearing heat map, it can be seen that there are a large number of clearing records and fund interventions in the price range of $108000, indicating a clear liquidity support band in this area. Subsequently, the market showed a rebound trend, indicating that there were main players taking over at the low level. However, there is significant liquidation pressure in the $110800 to $112000 range above. BitUnix analysts suggest that BTC rebounds after forming support at $108000, and short-term attention should be paid to the support effect between $108500 and $109000. It is not recommended to chase higher. Suggest observing whether the pressure band of $110800~112000 can be effectively broken through before considering the subsequent layout. Be cautious that if the price falls below $108000 again, it may trigger a new round of liquidation, and strict risk control measures should be taken. If the subsequent funds cannot continue to enter the market, the market may weaken again.