Matrixport: Forced closing is limited, Bitcoin upward trend is expected to continue

According to ChainCatcher, Matrixport released a chart today, saying that the overall scale of forced liquidation of Bitcoin remains at a low level. Even if the price drops to a lower level, this year it has only seen a concentrated release in the decline caused by tariff news in March and the rebound in April. When the recent correction to $106,000, there was no large-scale closing of positions, reflecting that the leverage level of the futures market is still relatively healthy. The downward pressure is limited, and the center of risk has turned upward; if the price continues to rise, the concentrated stop loss market triggers, which may further drive the rise of Bitcoin.