2026-01-09 09:30:24

Bitcoin repeatedly tests the $90,000 level, and last night it briefly broke below, triggering a liquidation wave of $477 million across the entire network within 24 hours, forcing over 90,000 traders to liquidate their positions. Long liquidation accounts for over 90%, with mainstream coins like Ethereum and XRP following suit with a 3-8% correction. Meme coins such as Pepe and Bonk are even more devastating, with declines exceeding 6%.

Currently, BTC is fluctuating around the $90,000 mark, showing clear signs of high-level consolidation. The key support zone is set between 88,000 and 91,000, and short-term it is crucial to avoid blindly chasing longs. The issue is that ETF funds continue to flow out, undermining market confidence. However, opinions among institutions are not unified—some analysts are pessimistic, lowering their 2026 target from the original expectation to $150,000, while others remain bullish, predicting institutional funds will flow back in, with Q1 potentially pushing prices to 120,000-150,000 or even higher.

Macroeconomic variables cannot be ignored. Tonight, the US non-farm payroll data and Trump’s tariff policy decision will be released. If the data is weak and tariffs are fully rejected, market expectations for rate cuts will rise, and risk assets may rebound; conversely, the market could face significant adjustments in the short term. At this moment, volatility is extremely high, and going all-in is a big taboo. Hold onto support levels before considering building or adding positions. In the long run, the bull market logic remains intact—institution-driven ETF inflows continue to attract capital. The crypto market operates 24/7, and the biggest test is still mental resilience. Stay calm with your holdings; panic often presents opportunities.

BTC0,32%

ETH-0,78%

XRP-0,96%

PEPE-0,93%

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GasFeeSobber

· 01-11 22:53

90,000 people get liquidated, longs are hammered, the pessimists are laughing --- Another night of terror, ETF outflows are really intense --- Holding the support level at 8.8, if it breaks, it's game over. Non-farm payroll data is the key tonight --- Institutional opinions are polarized. Who the heck is really right? --- Don't all in. The volatility this time is too crazy. Mindset is the most important --- Pepe drops 6%, my small bet turned green again, uh --- Wait for non-farm payroll, the rate cut expectations still have a chance

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PhantomHunter

· 01-11 18:55

Over 90,000 longs have been washed out again. This rhythm is really incredible; the bears are making a killing. --- With ETF withdrawals so aggressive, will institutions really come back? It feels a bit uncertain. --- I just want to know if tonight’s non-farm payroll data is bad again, will BTC break downward directly? Don’t tell me about long-term bull market logic; staying alive is more important than anything. --- People who went all-in are probably just sitting on dust again; mindset really is the biggest test. --- Pepe drops 6% and that’s it? Meme coins are suffering even worse than mainstream coins in this bear market, it’s really outrageous. --- Do you believe the support level at 88,000? Anyway, I think it will continue to break; with so many macro variables, who can figure them all out? --- Interesting, some have lowered the target to 150,000, others say 120,000 to 150,000. The internal division among institutions is so pronounced, everyone has their own story. --- Is it just about liquidating 90,000 positions? No one knows how the next wave will come. It’s better to wait and see rather than build positions now.

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StakeTillRetire

· 01-09 09:59

It's another tug-of-war at the 90,000 mark, and it's exhausting to watch. Last night's liquidation wave made me break out in cold sweat—over 90,000 people lost their lives, how tragic. --- ETFs are still flowing out, which is the most annoying part. What are the institutions really playing at? --- Non-farm payroll data will be released tonight; we'll find out then whether it's paradise or hell. --- It's truly over for meme coins dropping 6%. Pepe, aren't you just committing suicide... --- Honestly, this high-level oscillation is just filtering people out. Those going all-in will have to pay tuition fees. --- It's good that institutions don't have a unified view; it shows no one really has a clear grasp—everyone is just gambling. --- I've noted the support level at 8.8-9.1; if it's broken, I'm out. --- Is the bull market logic complete? All I see is capital outflow—can we really believe this explanation?

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LidoStakeAddict

· 01-09 09:53

90,000 people forced to liquidate, this is crazy, the bulls have really been slaughtered

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MetaLord420

· 01-09 09:51

$90,000 is really a tough barrier, over 90% of longs wiped out, more than 90,000 traders liquidated. This wave of slaughter is truly brutal. --- ETF outflows are really heartbreaking, but the severe divergence among institutions actually indicates that no one can be certain. --- Another non-farm payroll report and tariff policies—tonight is bound to be a roller coaster. Better to play it safe and stick to support levels. --- Meme coins dropped over 6% again. These things just know how to follow the trend and cause trouble. --- Complete nonsense about a bull market; institutional money inflow has long turned into institutional bloodsucking. --- First quarter target of 120,000-150,000? Come on, don’t think too far ahead. Survive tonight first. --- A 477 million liquidation wave—another day where longs are slaughtered by the butcher. --- Going all-in right now is really foolish, but staying calm and holding during panic is indeed an opportunity—there's no doubt about that. --- What is BTC consolidation really for? Do you think it's the bottom or just a continued dip? --- Is the crypto market testing patience? I’ve just lost my mind, haha.

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BearMarketBarber

· 01-09 09:47

90,000 is about to break again, this time the bulls are the ones getting cut haha Another round of liquidation shows, 90% of longs are being harvested. I just want to know when the bears will get their turn ETF funds are flowing out, indicating that big players are fleeing. This signal isn't very good Wait, are institutions still aiming for 120,000-150,000? Are you kidding me? First stabilize the support level before bragging Mindset is the most important, easy to say but hard to do. Who can stay calm when watching their account plunge? If we hold at 88,000, I’ll believe you still have a chance. If it breaks, we’ll meet then

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