2026-01-03 11:23:35

Looking at Bitcoin's current situation, the price of 89707 is stuck above the dense liquidation zone for longs, while the range between 86000 and 88000 contains a massive amount of open long positions. This is a bit risky.

From the K-line perspective, although the trend is still upward, the overall market certainty is not strong. Once it fails to break through the key resistance level, a pullback is quite likely. The question is, how large can the pullback be? No one can say for sure.

Looking at the fundamentals, when macroeconomic trends shift and market sentiment fluctuates, Bitcoin's price also jitters. Especially when negative news hits, it can drop sharply. So at this position, longs should still be cautious.

BTC-0,12%

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AlphaBrain

· 01-05 12:24

89707 this position is indeed a bit awkward, the bunch of long positions below is like a bomb...

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ApeEscapeArtist

· 01-04 10:20

89707, this position is indeed a bit tense, and that pile of long orders below is like a time bomb.

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DecentralizeMe

· 01-04 09:14

This wave is indeed quite uncomfortable, with the pressure on the 86-88 range being too high. Once it drops, it might trigger a chain liquidation, so we really need to be careful. The market's certainty is poor, and even a small macro fluctuation can cause a crash. Currently, the bulls are just gambling; the likelihood of losing is even higher. Wait, are we heading back down to 85 again? This level is really hard to see clearly, so I think I'll stay on the sidelines for now. In my opinion, those who are all-in now are just gambling. But what if it breaks through? The thrill would be immense... It seems the bulls have already done their best; the rest depends on macro factors. With such high liquidation pressure, the rebound space might actually be limited.

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0xInsomnia

· 01-03 19:28

This wave is indeed walking a tightrope. If that pile of long orders below gets liquidated, it could crash down. --- 89707 is still a bit uncertain, it feels like it could break at any time. --- The long liquidation zone is so dense, no wonder it's so stagnant. --- When macro changes, it drops right along with it. Too passive. --- Just waiting for negative news to dump the market, then we'll see the real move. --- This position really shouldn't be too greedy; the risk is a bit high. --- That pile of orders below feels like a ticking time bomb. --- The market's uncertainty is indeed true, easy to backfire. --- It's troublesome if we can't break through the key resistance level, really. --- Getting stuck at this price is a bit awkward; can't go up, and going down is uncertain.

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alpha_leaker

· 01-03 11:52

This price is really frustrating. Once it drops to 86-88, those long positions will be like sitting ducks.

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HodlKumamon

· 01-03 11:50

89707 is really a pretty awkward position, above is heaven and below is hell. If the long positions at 86-88 all get wiped out, it might directly drop to over 80...

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