3D Integrated Trading System | BTC Market Analysis (1/3): Volume and Energy The bulls have been bloodied, and the short-term bears are completely dominant. But the downward space is limited, and the probability of stabilizing above 81K is high! The current price is around 81.6K. In the past 24 hours, the entire network has experienced a stock explosion of 475 million US dollars, of which 435 million were from multiple orders, accounting for 91.6%. BTC single currency has a multiple position explosion of 135 million, with only 4.5 million empty positions. This is a typical case of leveraged long positions being centrally liquidated. At the 4-hour level, the price dropped from 84.8K to around 81K, and the short position has gradually declined. The long position is weak and lacks confidence. After the concentrated release of short positions, there is currently no continued pursuit with high volume. From the fluctuation curve of short positions in the past two months, it can be seen that the short positions are declining. This indicates that the empty bullets have been fired for the time being. Quantitative judgment: In the past one or two months, there has been a tug of war between long and short positions, with narrow fluctuations in the market until the midterm elections on November 3rd. Don't panic, be bullish in the short term.