I took a look at Coinglass's BTC liquidation heat map, it's quite interesting.

Looking up, there are $563 million in short positions hidden at the 106,000 level. What does that mean? Once the price breaks through this defense line, short sellers will be forced to close their positions, and the cascading effect could directly drive the price up. This is the short-term target that bulls should focus on right now.

But it won't be so easy going forward. If we fall below 100,000, it will directly trigger the liquidation of 1.4 billion dollars in long positions—note that this number is 2.5 times the short positions above. The 100,000 mark is both a psychological barrier and structural support, and the consequences will be serious if we can't hold it.

The current price is hovering around 103000. Considering Trump's recent policy trends and the warming macro data, 102500 can be a tentative entry point for a low-leverage long position, with a stop loss firmly set at 100500. If it can really stabilize above 106000, then there would be a reason to increase the position, with the next target at 110000.

Just a final reminder: never play with high leverage near the hundred thousand mark; the liquidation wall of 1.4 billion is not something to joke about.