2026-01-12 05:22:22

Today the market is a bit lively. In the past 24 hours, the total liquidation volume across the entire network reached $136 million, with long positions liquidated at $69 million and short positions at $67 million. Bitcoin liquidations amounted to $18 million, and Ethereum to $21 million. It seems that leveraged traders have been shaken out significantly.

The US stock market is also moving — the Dow Jones Industrial Average rose 0.48%, while the Nasdaq fell 0.81%, and the S&P 500 slightly increased by 0.65%. Interestingly, Circle (CRCL) surged by 4.95%, but the strategy-oriented company MSTR lagged behind, dropping 5.77%.

Turning to Bitcoin’s technical analysis. The current price is oscillating around 91,540. Below this level, the 89,000 to 90,500 range is a dense liquidation zone for bulls. This area mainly involves high leverage positions of 50x and 100x. If the price falls back to these levels, passive stop-losses could trigger a chain reaction, amplifying downward pressure.

Looking upward, the 92,000 to 94,000 region is gradually accumulating short liquidations. If Bitcoin can effectively break through the current consolidation zone to the upside, it may trigger a short covering wave in the short term, pushing the price higher.

Funding data is also worth noting. Over the past day, BTC spot inflow was $243 million, outflow was $207 million, with a net inflow of $36 million. The funding situation remains somewhat positive, though the volume isn’t particularly large. Overall, in the short term, BTC is still in a state of indecision at this level, with downside liquidation support below and short covering pressure above.

BTC2%

ETH2,05%

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GasFeeCryer

· 9h ago

1.36 billion liquidation, leverage traders are once again paying the IQ tax. Who's next this time? --- MSTR can't run anymore, why is it still falling? The mentality is collapsing. --- The range from 89,000 to 90,500 is really dangerous. Brothers with 100x leverage probably can't sleep. --- The most annoying thing is the stalemate. Will it break above or retest lower? --- The capital inflow is only 0.36 billion. This buying pressure is too weak. --- Will BTC skyrocket when the short covering wave hits? How can I believe your story? --- Even in a stalemate, some are adding leverage. That's the gambler's nature.

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ChainSpy

· 10h ago

Another liquidation drama, leveraged traders are wiped out completely. The 100x players will have to eat dirt this time, deservedly so. Capital inflow is only 36 million, this data is a bit cold... If it breaks through 92,000, the bears might have to run. That 89,000 hurdle must be defended, or the chain liquidation could really be frightening. MSTR has let us down this time, quite interesting. Stalemate just means waiting for that moment of soaring to the sky.

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PhantomMiner

· 01-14 04:20

1. 13.6 billion liquidation again, it's high leverage work. These people really don't learn their lesson. 2. Shorts are stacked at 92-94, longs are wiped out at 89-90, caught in the middle and struggling. 3. Net inflow is only 0.36 billion? Feels like the funds are quite cautious, no one dares to bet heavily. 4. MSTR drops 5.77%, which is a bit outrageous. It surged so fiercely before, now it's starting to plunge. 5. Looking at the 91540 level, both sides are dangerous. Waiting for an explosion. 6. How much have leverage traders been shaken out today? Probably lost their shirts again. 7. What's the chance of breaking 92,000 now? Feels pretty uncertain. 8. Spot inflow and outflow are roughly balanced, a real fierce battle. 9. This position is a meat grinder; both longs and shorts shouldn't be too aggressive. 10. BTC is struggling here, while the Nasdaq drops 0.81%. Strange.

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MonkeySeeMonkeyDo

· 01-14 03:03

136 million liquidation, leveraged traders got wiped out pretty badly haha Still waiting to cut the leeks at 89-90.5, looping playback It's a bit outrageous that MSTR didn't keep up with CRCL this round, isn't it? Spot still experiencing net inflow, indicating some people are still bottom-fishing, I don't believe you The 92-94 range is where the bears are stacking up, if it can't break through suddenly, it will be disastrous Small-cap funds are cautious and conservative, these rises and falls have no real momentum Stalemate, stalemate, it's been stalemating every day, so annoying

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BTCWaveRider

· 01-12 05:51

136 million liquidation, someone will be crying again this time. Leverage is truly poison. High leverage, go all in, see you in the liquidation zone. Not afraid at all. MSTR drops more than 5%, and you're still daring to follow? This pace is really outrageous. Let it be a stalemate. Anyway, there's support below and resistance above. It all depends on who has the faster knife.

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LiquiditySurfer

· 01-12 05:38

Another liquidation drama, the leverage traders got wiped out again, hilarious.

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DancingCandles

· 01-12 05:35

It's another liquidation frenzy; leverage traders are being wiped out again.

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MEVHunterLucky

· 01-12 05:34

1.36 billion liquidated, does this leveraged player really dare to play? 2. The Nasdaq can't keep up, MSTR is a bit dragging this time. 3. Between 90,000 and 92,000, it just feels like a meat grinder. 4. Once it breaks above 92,000, be careful of short covering, it will get even messier then. 5. 0.36 billion net inflow, what does that mean? The pace is really steady. 6. Stuck again, stuck again, stuck again, when will we see a decent market? 7. 50x, 100x leverage piled up there, I just want to see who gets eaten. 8. Spot inflow and outflow are about the same, institutions are still on the sidelines. 9. BTC is just holding there, both bulls and bears are waiting for the other to move first. 10. Circle's surge is useless, the whole market is still so dull. 11. Can the defense line at 89,000 really hold? It feels risky. 12. So many liquidation zones, how terrible would the decline be? 13. The capital situation isn't great, the volume is too small to move anything. 14. It's another stuck situation, it's making me a bit impatient. 15. Short positions are accumulating above 92, will it break and then rebound crazily?

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New_Ser_Ngmi

· 01-12 05:30

136 million liquidation, these leveraged players need to learn to cut losses Both bulls and bears are buried, it all depends on who can't hold on first MSTR can't keep up with this wave, it's indeed a bit disappointing 91540 this level really looks like a clamp, uncomfortable both above and below The bears are accumulating between 92000-94000, just waiting for a breakout opportunity

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