The trend from last night to this morning was quite stable, but early this morning, influenced by tariff news and geopolitical factors, the market suddenly plunged. It touched a low of 92,000, causing over 250,000 liquidations directly, with total liquidation amounts exceeding 800 million.
But here’s a key point—these news events are just surface reasons. The real drivers of the market are the market structure itself and the trading logic of large funds. When bullish positions accumulate to a certain point, the main players will dump and kill the longs; the crypto world is this ruthless.
From a technical perspective, the 92,000 level is very significant. It is not only a dense trading zone within the consolidation area but also a critical support of the daily upward trend line, with multiple indicators overlapping at this point. Currently, this level has held, so in the short term, excessive bearishness should be avoided. The key is to watch the daily candlestick close; if the daily close is below 92,000, the bullish outlook must be abandoned.
Support levels: 92,000 and 90,000 Resistance levels: 95,000 and 98,000
My actual trading approach is as follows—after the morning dip below 92,000 and recovery, I entered long positions, setting 90,000 as the stop-loss. Also, if the daily close is below 92,000, I will exit immediately and observe. In the short term, I still maintain a bullish mindset, but risk control must be strict.
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ImpermanentSage
· 19h ago
I'm also in that wave at 92,000, and I was directly stunned by the crash haha. The main force's move was too fierce.
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Ser_This_Is_A_Casino
· 19h ago
If I can't hold the 92,000 level, I'm ready to cut my losses. I'm too exhausted.
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NullWhisperer
· 19h ago
technically speaking, 92k as a confluence zone is interesting... but ngl the real vulnerability here is treating news as causation when it's just noise covering structural liquidation mechanics. actually exploitable edge case if you audit the on-chain flows instead of chasing headlines.
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TheShibaWhisperer
· 19h ago
Damn, it's the same old story. I'm tired of hearing about the main players dumping. The key question is whether 92,000 can really hold. I'm skeptical.
#Strategy加仓BTC January 19th $BTC Market Observation
The trend from last night to this morning was quite stable, but early this morning, influenced by tariff news and geopolitical factors, the market suddenly plunged. It touched a low of 92,000, causing over 250,000 liquidations directly, with total liquidation amounts exceeding 800 million.
But here’s a key point—these news events are just surface reasons. The real drivers of the market are the market structure itself and the trading logic of large funds. When bullish positions accumulate to a certain point, the main players will dump and kill the longs; the crypto world is this ruthless.
From a technical perspective, the 92,000 level is very significant. It is not only a dense trading zone within the consolidation area but also a critical support of the daily upward trend line, with multiple indicators overlapping at this point. Currently, this level has held, so in the short term, excessive bearishness should be avoided. The key is to watch the daily candlestick close; if the daily close is below 92,000, the bullish outlook must be abandoned.
Support levels: 92,000 and 90,000
Resistance levels: 95,000 and 98,000
My actual trading approach is as follows—after the morning dip below 92,000 and recovery, I entered long positions, setting 90,000 as the stop-loss. Also, if the daily close is below 92,000, I will exit immediately and observe. In the short term, I still maintain a bullish mindset, but risk control must be strict.
Did you also suffer heavy losses in this wave?