It all depends on how the market manipulator plays tonight. If Bitcoin breaks through $111,000, $1.258 billion in short orders will be liquidated. If it falls below $106,600, $2.716 billion in long orders will be liquidated...

Friday is the Independence Day in the US, which means a 3-day holiday. There will also be non-farm payroll data released tonight. Yesterday, the small non-farm data was favorable, leading to a significant increase in the market. Today, the European market has already started pushing up prices eagerly. Is this consuming data in advance? With a 3-day holiday in the US, people will surely want to spend some dollars on vacation, just as Bitcoin is rising. If people don’t take profits at high levels, are they really going to chase the rise? You may not want to short, but chasing the rise does require special caution. This is not a bearish sentiment; it's just a reminder for everyone.