Data Analysis:

According to the current liquidation map, short positions are being liquidated one after another. Based on the current Bitcoin price around $119,500, if the market fluctuates by $2,000 up or down and rises again to around $121,500, the estimated cumulative amount of short positions that can be liquidated is about $960 million. Conversely, if the market drops to around $117,500, the estimated cumulative amount of long positions that can be liquidated is about $534 million.

Market Opinion:
Market Direction: Bullish. From the current market trend, the daily chart is overall still in a sideways bullish consolidation. Currently, market sentiment is overall still in a state of greed, and with the positive news of Ethereum's 10th anniversary approaching, I personally believe that Ethereum will have another surge. Consequently, altcoins will also likely experience another rebound. Therefore, in terms of contract strategy, it is still advisable to buy on dips.

At the same time, with the end of the month approaching and a lot of news coming out this week, such as the China-U.S. negotiations, the U.S. interest rate decision, and Trump's reciprocal tariffs, these are all important news that can affect the market trends and require everyone's close attention.

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