#美国非农就业数据未达市场预期 $BTC current market structure is quite interesting. Looking at the liquidation heatmap, the dense liquidation zones above are distributed in the 9.2w and 9.25w price ranges, indicating that bears are defending strongly here. Looking downward, 8.9w has become the bulls' defensive position, with liquidation orders pile up thickly. The liquidation map on the right side is more intuitive — the 9.45w and 9.2w price zones show particularly concentrated bear liquidations, while the 8.9w area has the highest bull liquidation density. In other words, the core of the current market tug-of-war is at these key price levels, whoever breaks through will seize the initiative. Recent weak U.S. economic data has also intensified this stalemate situation.