2026-01-08 10:30:25

Recently, Bitcoin's market movements have been capturing people's attention. According to on-chain data, in the past 24 hours, a total of 113,171 traders faced liquidations, with a total liquidation amount of up to $377 million. Such a scale of clearing is not uncommon, but the structure is worth noting—long positions account for about 88%, while short positions only make up 12%, reflecting that the market is still predominantly bullish.

However, the price performance has been less than satisfactory. BTC is approaching the $90,000 mark, but the probability of a short-term breakout is decreasing. The current trend is just a return to the familiar $85,000-$90,000 range, with no new developments. Market sentiment is clearly weak, and multiple rebound attempts have all failed.

What is more concerning is the possibility of breaking below April's lows. Perhaps only after a deep market shakeout can a solid foundation be laid for a subsequent effective breakout. At present, that day may still be on the horizon.

BTC-3,72%

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NFTRegretDiary

· 01-11 01:57

377 million USD just exploded, this bullish wave really should wake up Still oscillating in the 85-90 range, when will it break through 88% bullish... feels like this is a trap set by a big bear Waiting for a deep shakeout, it's only a matter of time This liquidation was a bit harsh, but it seems like the main force hasn't gone all out yet

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ReverseFOMOguy

· 01-09 10:32

88% of longs are liquidated? Now it's the bears' turn to show off, hilarious

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PaperHandSister

· 01-09 07:11

Another feast of cutting leeks, with over 88% of longs washed out completely. Wait, does it have to drop to April lows to bottom out? Oh my god.

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CountdownToBroke

· 01-09 01:09

88% of longs cut, this is the fate of retail investors haha --- Stuck again in the 85-90 range, really annoying, when will it break out? --- $377 million evaporated overnight, this is a gambler's playground --- Feels like the April low is about to break, should I buy the dip then or keep shrinking? --- Only 12% of traders are short, this round the longs are wiped out --- BTC is really testing patience, rebounds are just illusions --- Deep reshuffling is the real bottom, now I dare not move at all

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MrRightClick

· 01-08 11:00

They're starting to harvest again, with over 88% long positions being wiped out. This move is really fierce.

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bridgeOops

· 01-08 10:59

88% long positions are this heavy, it's time for a wash.

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MetaverseLandlady

· 01-08 10:58

88% of longs are being wiped out one by one, this is the art of the market manipulators It's starting to fluctuate again, so annoying It won't truly rise until the April lows, it's still too weak now

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SerumDegen

· 01-08 10:56

yo 88% longs getting liquidated is just chef's kiss vibes... market's literally begging to go lower ngl

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TokenEconomist

· 01-08 10:42

actually, let me break this down—the 88/12 long-short ratio is basically a textbook example of crowded positioning, ceteris paribus you'd expect mean reversion mechanics to kick in pretty hard here. think of it this way: when everyone's long, the liquidation cascade becomes your primary price discovery mechanism, not organic demand.

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WenAirdrop

· 01-08 10:40

88% of longs wiped out in a bloodbath, this is what the market is teaching you --- Stuck oscillating between 85-90, this period is a bit boring --- Waiting for a break below April's low, maybe that's the real opportunity --- $377 million liquidation, this scale is truly incredible --- So many longs and still dare to be so stubborn? BTC still needs to go through another round of shakeout --- How many failed rebounds? This pace is a bit weak --- Instead of guessing the top, it's better to wait for bottom signals to appear

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