I rarely look at the liquidation chart, but it's very useful in extreme situations. The current 7-day long-short ratio is around 1:5. I remember seeing it peak at 1:7. Whether this is the bottom or a further dip is anyone's guess. If #BTC continues to fall to around 113031, completely liquidating highly leveraged long positions, the liquidation amount will be 438 million. If it rises to 125589, completely liquidating highly leveraged short positions, the liquidation amount will be 3.17 billion. So, how the market will perform over the next few days is up to the market; no one can predict it. The market always moves in the direction of least resistance; this will never change. Two days later, the price rebounded, and many people lost their positions. In this highly volatile market, maintaining the safety of your funds is a skill that requires continuous improvement. Analyzing resistance and support levels is currently pointless; the market's trajectory depends on the market's momentum.