Recently, cryptocurrency market analyst Ali, based on on-chain data analysis, identified a significant trend of shorting Bitcoin in the market. This strategy implies that traders anticipate a decrease in Bitcoin's price. Should this prediction materialize within the short term, particularly when Bitcoin's price hits the critical benchmark of $70,356, it is expected that a batch of investors holding short positions will face liquidation risk. According to Ali's calculations, around $74.83 million worth of short positions could be forcibly closed at this price point. This indicates that the fluctuations in Bitcoin's price in the current market environment may result in substantial financial impacts for some investors.