2025-12-26 12:29:24

These past couple of days, Bitcoin's price movement has been quite interesting—this morning it surged to the 89,500 pressure level, but failed to hold and started to pull back. Currently, it’s fluctuating around 88,500. Is it gathering strength to break through the 90,000 mark, or is it heading back to test the 87,000 support? The most concerning thing is that on-chain liquidation data has exposed a problem: once it slips below 87,000, the $763 million long positions floating above will be liquidated.

From a technical perspective, on the 4-hour chart, today’s rebound at 89,500 faced significant resistance, indicating considerable selling pressure. The price is now oscillating around 88,500, creating a classic "unable to go up, unable to go down" situation. If it can stabilize above 88,500 with increased volume, breaking through 89,500 is still possible, with potential targets at 90,500, and if momentum is strong, even testing the previous high at 93,000. On the flip side, if after some consolidation it falls below 88,500, it could accelerate toward the critical support at 87,000. Currently, MACD and RSI do not give clear directional signals, but changes in trading volume are the key to judging whether a breakout is genuine or a false move.

There are also some noteworthy data points. According to on-chain monitoring, if BTC drops below 87,000, the liquidation of long positions on major exchanges will trigger a high-intensity closeout of $763 million. Conversely, if it breaks above 90,000, there will be a liquidation pressure of $402 million on short positions. In other words, the market has accumulated a large amount of leveraged positions between 87,000 and 90,000. Once the price moves outside this range, it could trigger a chain reaction of liquidations, pushing the market toward more extreme one-sided trends.

BTC-1.09%

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GasGrillMaster

· 5h ago

85,000 is a trap at this level, can't go up or down, the most frustrating. Now it depends on whether the trading volume can give a satisfying result, don't keep doing these虚的. $763 million is waiting to be harvested, retail investors caught in the middle are the most uncomfortable. If 90,000 can't be broken, it feels like we're going back to 87,000. This move is quite challenging. Once on-chain data is out, it's clear that the liquidation zone is the real slaughterhouse.

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NFTFreezer

· 5h ago

The 88,500 level is really stuck tight; either break through 87,000 or push up to 90,000. Don't keep hesitating here.

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BearMarketSurvivor

· 6h ago

7.63 billion long positions are pressing down, this is the current situation. If it breaks 87,000, the harvest begins. I've seen this happen too many times. --- Volatility is just testing, volume is the real indicator. Watch volume, not price; you'll suffer sooner or later. --- Between 90,000 and 87,000, there's so much leverage involved, sooner or later a direction will be chosen. I bet it will be very violent. --- Basically, it's waiting for that critical point. Whether it breaks through or plunges, it depends on the trading volume in the next couple of days. --- With so much leverage accumulated, the market is holding back a big move. If it can't go up, it will crash down. I'm already prepared. --- If 89,500 doesn't hold, it's a signal. Don't think about 93,000. The current issue is whether it can hold at 88,500. --- On-chain data is right here; once it breaks, it will trigger a chain reaction. Those playing with leverage now are all gamblers. --- With such high liquidation pressure, it indicates institutions are waiting for the right moment. As retail investors, let's not think about bottom fishing.

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DoomCanister

· 6h ago

8.85 couldn't hold again, waiting to be washed out --- $763 million hanging overhead, this game is too risky --- Always getting stuck at whole numbers, really annoying --- Breaking 8.7 will cause blood to flow, maybe wait a bit before jumping in --- Is 90,000 really that hard? Dropping every day --- Once the liquidation data comes out, I knew which way to go, definitely first kill the longs --- It's already 2024 and still fluctuating at 8.85, brothers holding positions, good job --- Trading volume is the key, all indicators are just lies --- Is there also a 400 million pressure on short positions? Then it gets even messier --- This trend is actually quite interesting, not the kind of interesting that makes you shy

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