The analyst discusses the recent downturn in the crypto markets, noting Bitcoin's low of $107,500. The analyst discusses short positions accumulating to over $2 billion. A Bitcoin exchange liquidation map is shown, where shorts are outnumbering longs with a six to one ratio, with a target price for BTC at $120,000 and a fail range at $107,000. The actual trend is bearish with a prediction for a bullish move.