According to online reports, Matrixport released a daily analysis saying that Bitcoin short clearing volume has risen significantly recently, approaching the high in early November 2024. At that time, many traders tried to short in the rebound, but the price did not fall as expected. Instead, it fluctuated after peaking at a high level, and there was a correction due to the tariff policy. Specifically, the weekly short liquidation volume in early November 2024 once climbed to US$1.1 billion, and has reached US$900 million in the past week, indicating that short risks are accumulating again. Although July has always been a strong month for Bitcoin and "Crypto Policy Week" is about to start, there are still a large number of short positions in the market, which deserves attention. If Bitcoin breaks through US$122,000, it is not only expected to break the previous pressure level of US$106,000, but may also continue the rising pace of every US$16000 step and release more upside potential.