The market has suddenly experienced intense volatility! Yesterday, the cryptocurrency market was buzzing, with a rapid downward trend catching many traders off guard. Bitcoin led the decline, dropping quickly from its high levels, with a nearly 1.8% decrease intraday, bottoming out below the $90,200 mark; Ethereum also came under pressure, briefly falling below $3,120, with a decline of over 3 percentage points. Other major cryptocurrencies were not spared, with BNB, DOGE, and others following suit, resulting in a rare synchronized decline across the entire market.
On the data front, the situation appears even more severe—according to on-chain statistics, the number of liquidations across the network during this downturn exceeded 127,000, with the total liquidation amount reaching approximately $420 million. Over 80% of these liquidations were long positions. It’s easy to imagine how many traders were forced to exit during this volatility.
What triggered this wave of decline? Industry experts point to several key factors: uncertainty around Federal Reserve policy expectations has put pressure on market sentiment, liquidity has tightened, and some holders have gradually taken profits at high levels. These factors combined have created a relentless downward spiral. In the short term, market volatility may continue, and investors should be prepared to respond accordingly.
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BearMarketGardener
· 01-10 08:25
120,000 people liquidated, this time it's really a cut of the leeks
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Here we go again, every time it's the Federal Reserve's fault, I don't believe you
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I knew something was going to happen the moment 90,200 broke, but unfortunately I reacted too slowly
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Brothers who are long, you've really been taught a lesson this time
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A liquidation order of $420 million, it hurts just looking at it
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I've been saying this position is unstable for a long time, but no one listened
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Liquidity tightening? Isn't it just big players absorbing the chips
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I just want to know how many people still dare to leverage now
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How many people's dreams have been shattered in this wave, it’s painful
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The futures market is like this, profits come quickly, and losses come just as fast
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The uncertainty of Federal Reserve policies is a worn-out excuse
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Where is the bottom, everyone? Can I still buy the dip now?
View OriginalReply0
GasFeeSurvivor
· 01-10 05:07
120,000 people liquidated? I just want to know who has been bottom-fishing in this wave.
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It's the Federal Reserve messing around again, doing the same thing every time.
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To the guys going long, it's time to learn to respect stop-losses.
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$420 million just exploded, the crypto market is really intense.
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The smart people taking profits at high levels are making a killing, while we, the retail investors, are still passively taking losses.
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Liquidity tightening + policy uncertainty, this combo punch really hurts.
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BTC didn't hold 90,200, that's really interesting. Where is the bottom?
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I didn't even react when ETH dropped below 3,120, I was just washed out like that.
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That's why I never go all-in; I can sleep soundly even when others get liquidated.
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Wait, BNB and DOGE are all following too? The market is really crazy.
View OriginalReply0
0xDreamChaser
· 01-09 01:39
127,000 people liquidated, many people are going to eat dirt this time
It's the Federal Reserve causing trouble again, if you can't keep up with the rhythm, you'll easily get cut
Selling at high positions is really a brilliant move, making retail investors take the fall
Where's the promised bull market? It feels like a shakeout is coming again
But in times like these, could it actually be a good opportunity to buy the dip? Or should we wait for even lower prices?
This situation is quite intense, you need to check your leverage quickly
Is tightening liquidity really this effective? It seems like there will be more turbulence
Watching the account numbers plunge repeatedly, I really can't hold on anymore
View OriginalReply0
AirdropHunter
· 01-09 01:37
127,000 people liquidated, how many people fainted in the bathroom crying?
It's the Federal Reserve causing trouble again, really getting on my nerves.
This wave of sharp decline is quite fierce, short sellers must be making a killing.
The guys going long are probably going to clear their positions, I feel for them.
At the 90200 level, can it really hold?
Are the brothers still bottom fishing? I'm watching.
Everyone is falling, this is indeed rare.
Did I miss the bottoming opportunity again?
Liquidations amount to 420 million, how many families are being broken apart?
Liquidity is tightening, there's nothing anyone can do.
View OriginalReply0
NewDAOdreamer
· 01-09 01:32
12.7K traders liquidated, this time really brutal
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It's the Federal Reserve again, when will it finally settle down
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The bagholders at high levels should be crying now
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Longs are dying the worst, I knew it would turn out like this
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Damn, four billion gone in one night, this market is really a casino
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Liquidity tightening + Federal Reserve uncertainty, double whammy, everyone
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Bitcoin couldn't even hold 90200, next stop 90000?
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Everyone drops together, but why isn't it the same when it rises
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Time to exit, this wave was too fierce
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Ethereum broke below 3120, and it's still frustrating, how long will this continue?
View OriginalReply0
GateUser-44a00d6c
· 01-09 01:31
127,000 people liquidated, this time it's really tragic, another nightmare for leverage traders.
When will the decline stop? If it continues like this, my portfolio will have to be downsized.
The Federal Reserve is causing trouble again, always like this. When liquidity tightens, they start cutting.
The bulls are all finished, 420 million USD just gone, it's a bit scary.
The bagholders at the high levels should be crying now, serves them right.
I think it still needs to fall further, this wave isn't over. Get ready to buy the dip, everyone.
View OriginalReply0
FloorPriceNightmare
· 01-09 01:29
Damn, 127,000 people liquidated? This time it's really brutal.
It's the Federal Reserve causing trouble again, always the same.
Once 90200 breaks, I knew it was going to fall, but I reacted too slowly.
Four hundred million dollars gone, can't afford this trade.
Long positions are being wiped out completely, leverage traders are crying.
Talking about liquidity crunch, it's just the whales dumping the market.
In this kind of market, I just lie flat and watch, it's the most comfortable.
Breaking the level is just breaking the level, nothing much to say, escaping is the key.
Wait for a better entry point, it's not bottomed out yet.
The market has suddenly experienced intense volatility! Yesterday, the cryptocurrency market was buzzing, with a rapid downward trend catching many traders off guard. Bitcoin led the decline, dropping quickly from its high levels, with a nearly 1.8% decrease intraday, bottoming out below the $90,200 mark; Ethereum also came under pressure, briefly falling below $3,120, with a decline of over 3 percentage points. Other major cryptocurrencies were not spared, with BNB, DOGE, and others following suit, resulting in a rare synchronized decline across the entire market.
On the data front, the situation appears even more severe—according to on-chain statistics, the number of liquidations across the network during this downturn exceeded 127,000, with the total liquidation amount reaching approximately $420 million. Over 80% of these liquidations were long positions. It’s easy to imagine how many traders were forced to exit during this volatility.
What triggered this wave of decline? Industry experts point to several key factors: uncertainty around Federal Reserve policy expectations has put pressure on market sentiment, liquidity has tightened, and some holders have gradually taken profits at high levels. These factors combined have created a relentless downward spiral. In the short term, market volatility may continue, and investors should be prepared to respond accordingly.