The trend remains strong, with the market currently oscillating between 115,000 and 120,000 below the 120,000 mark, and the lower limit around 110,000 being relatively normal.
From the liquidation map, long liquidation points are concentrated around 112,500-115,000, while short liquidation points are concentrated around 118,000-122,000. Under the current conditions, the demand for short liquidation is greater, and there is a short-term potential to reach around 118,800, while the upside remains suppressed from the adjustment trend.
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