The Fear and Greed Index has dropped to 26. Interestingly, while prices are surging, the sentiment index has fallen back from yesterday's 30. This indicates that those who bought in are feeling nervous and lack confidence.
**Data Tells the Truth: Who's Bleeding**
In the past 24 hours, total crypto contract liquidations reached $179 million, with $130 million from short positions. This rally from $91,000 was essentially driven by short sellers' margin calls.
**Bitcoin's Footing Has Pitfalls**
Currently, the price is steady at $91,077, but the problem lies below. The liquidation heatmap shows a sudden concentration of long position liquidations between $89,000 and $90,500. Why? A group of retail traders saw the breakout above $90,000 and increased leverage, but their stop-loss orders are clustered around $90,000 or $89,000. This market structure is favored by big players. Instead of pushing prices higher, they prefer to first drop 1,000 to 2,000 points, trigger these stop-losses, and then continue upward, minimizing costs and maximizing efficiency.
**Ethereum's Narrow Bridge Risk**
Ethereum has barely stayed above $3,100, currently at $3,138.6, but the $3,000 to $3,100 range is crowded with profit-taking and chasing longs, making support levels congested. If Bitcoin pulls back, Ethereum could easily drop straight down, returning to $3,050 or even $3,000, which are normal correction levels.
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0xSoulless
· 14h ago
It's all false prosperity; retail investors' blood has already been shed enough.
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AirdropHunterKing
· 01-04 05:51
Oops, this is another tactic of the big players dumping the market again. Retail investors' leverage liquidation hits 1.3 billion, truly blood flowing like a river.
Watch out for the 89,000 to 90,500 level, they're waiting to be smashed. I bet five dollars that the big players won't let you earn so easily.
Ethereum at 3100 is a bit risky. If Bitcoin takes a leg down, it's not surprising to drop back to 3000. Old hands are watching this way.
Index is at 26 and still chasing the rally? Brother, you're just giving the big players margin. Don't you have any sense?
1.79 billion in liquidation, this money is gone just like that. It’s painful to think about. Better to just hold onto airdrops honestly, at least no such big risk.
This market looks like a trap. Retail investors' stop-losses are all piled together, just waiting to be liquidated. Basic operation.
Bitcoin at this level is extremely unstable. The space below is filled up. A rebound of three to five hundred points will trigger a dump. Remember this old guy's words.
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consensus_failure
· 01-04 05:51
Retail investors got baited again, this time truly a textbook case of cutting leeks
Market makers love this kind of chart pattern, with all stop-loss orders underneath
Fear index at 26, still daring to chase the rally? Truly brave
1.79 billion liquidation, shorts suffered the worst, hilarious
Wait for the pullback, 3000 is unavoidable
Such dense liquidation points are just traps
Anyone chasing the rally with leverage will get liquidated, I bet 5 bucks
When the price goes up, the sentiment drops instead, isn't this just a smash?
The liquidation points at 89000 are all filled, the main players saw through it long ago
Ethereum struggling to stay above 3100, and it's not over yet
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CoconutWaterBoy
· 01-04 05:46
Retail investors are about to be taken advantage of again; this move is truly a carefully orchestrated scheme by the big players.
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MagicBean
· 01-04 05:32
Retail investors are all stacking stops at 90,000; this tactic is too classic, just wait to be cut.
The entire Bitcoin is full of mines; the sentiment index dropped to 26, yet some still dare to chase the rally—true warriors.
1.79 billion liquidation—watching the shorts get crushed, feels good inside.
Ethereum at this level is not safe at all; it will return to 3000 sooner or later.
When the price surges, the sentiment drops instead—that's called a trap for more buyers, everyone.
The liquidation heatmap is densely packed; the whales are smiling with their eyes almost closed.
People chasing the rally are all trapped; this market looks fierce, but it's full of pits below.
Ethereum at the 3100 level feels like it can't hold for many days.
It's right that those who got caught in the buy-in have no sense of security—I don't either, haha.
The shorts lost 1.3 billion but can still continue to rise—this move is indeed fierce.
**Market Sentiment Turning Cautious**
The Fear and Greed Index has dropped to 26. Interestingly, while prices are surging, the sentiment index has fallen back from yesterday's 30. This indicates that those who bought in are feeling nervous and lack confidence.
**Data Tells the Truth: Who's Bleeding**
In the past 24 hours, total crypto contract liquidations reached $179 million, with $130 million from short positions. This rally from $91,000 was essentially driven by short sellers' margin calls.
**Bitcoin's Footing Has Pitfalls**
Currently, the price is steady at $91,077, but the problem lies below. The liquidation heatmap shows a sudden concentration of long position liquidations between $89,000 and $90,500. Why? A group of retail traders saw the breakout above $90,000 and increased leverage, but their stop-loss orders are clustered around $90,000 or $89,000. This market structure is favored by big players. Instead of pushing prices higher, they prefer to first drop 1,000 to 2,000 points, trigger these stop-losses, and then continue upward, minimizing costs and maximizing efficiency.
**Ethereum's Narrow Bridge Risk**
Ethereum has barely stayed above $3,100, currently at $3,138.6, but the $3,000 to $3,100 range is crowded with profit-taking and chasing longs, making support levels congested. If Bitcoin pulls back, Ethereum could easily drop straight down, returning to $3,050 or even $3,000, which are normal correction levels.