PANews reported on June 8 that according to Cointelegraph, Bitcoin is struggling to retest support levels. As liquidity analysis shows that conditions are favorable for a large short squeeze, market prices are expected to fluctuate. If prices fall again, $100,000 is still a possible target. Analyst Cas Abbe posted on the X platform that if the price of Bitcoin rises 10% from now, $15.11 billion of short positions will be liquidated. At the same time, if the price of Bitcoin falls by 10%, $9.58 billion of long positions will be liquidated. The current negative funding rate indicates that "a large number of short positions" appeared over the weekend, and it is expected to usher in a big fluctuation next week, which may push the price of Bitcoin to more than $109,000 to $110,000.