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Good morning
Bitcoin is currently near the trend line resistance at 126164-97888. There are more short positions now; the long-short ratio has fallen to the lowest 0.72. Funding has been in negative territory for a long time. In the past 12h, short positions were liquidated by 1.19億, while long positions were liquidated by 3751.69万. Currently, it is positioned at the bearish bat between 73800—74500. I will not chase longs here; if it moves downward, it will be a new round of decline. Top 1: 6000 Top 2: 48800-52500 Top 3: 38800$BTC