Data Analysis:

According to the current liquidation map of the market, the overall market is dominated by bulls. Based on the current Bitcoin price near $119,200, if the market fluctuates another $2,000 up or down, and rises again to around $121,200, it is expected that the total amount of liquidated short positions could reach approximately $1.75 billion. Conversely, if the market drops to around $117,200, it is expected that the total amount of liquidated long positions could reach approximately $1.05 billion.

According to the current Ethereum liquidation map, Ethereum is currently leading the market overall in a bullish trend. Based on Ethereum's price around $4270, if it fluctuates up or down by $100 and rises again to around $4370, it is expected that approximately $1.565 billion in short positions could be liquidated. Conversely, if Ethereum drops to $4170, it is estimated that approximately $700 million in long positions could be liquidated.

Market Perspective:
Market Direction: Bullish. As it stands, the market is slowly trending upwards, while Ethereum and most altcoins have entered a phase of consolidation in the short term. Overall market sentiment is active, optimistic, and positive. I personally believe that the market and Ethereum will take turns rallying, especially Ethereum. If it rallies again, it could easily push towards the vicinity of 4500. Additionally, everyone should pay attention to the recent CPI data from the US, as well as the highly publicized talks between Russia and the US regarding Ukraine, and keep an eye on relevant news.

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