Friends who have been watching the market recently may have noticed something on the liquidation map.

The situation with Bitcoin is quite clear—there are a total of $5 billion in short leverage positions stacked above the current price, mainly concentrated around the key level of $100,000. Ethereum is also not easy; around $3,400, there are approximately $3 billion in liquidation positions waiting to be triggered.

What does this mean? Once the price breaks through these dense areas upward, it could easily trigger a short squeeze. The principle is simple: trapped shorts are forced to close their positions, and buying in the market will surge towards these liquidation clusters, continuously drawing liquidity and creating a self-reinforcing upward momentum.

So the current question is not whether a squeeze will happen, but when it will happen.