Bitcoin is currently at a critical juncture. If the price falls below the $89,000 support level, market data indicates that it will directly trigger the liquidation of over $1.127 billion in long positions.
This is not just a number — what does it mean? Once the liquidation is triggered, a vicious cycle will form. Large liquidation sell orders flood in → prices drop further → more positions are forcibly closed → continued selling pressure. The risk management systems of major leading exchanges are closely monitoring this price level. If it breaks below, mainstream CEXs may experience a wave of liquidations.
The key now is: can the $89,000 line hold? In the short term, every rebound could be an opportunity for traders to build positions, but it could also be the last breather before a liquidation. For operators, precisely timing entry points is especially important — avoiding risks while seizing opportunities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
7
Repost
Share
Comment
0/400
governance_lurker
· 01-11 11:44
If you can't hold 89,000, then it's really time to look at the liquidation list. Interesting.
View OriginalReply0
AirdropHarvester
· 01-10 04:37
Once 89,000 breaks, it's over. Now it's just a gamble on whether the exchange won't dump the market.
View OriginalReply0
PebbleHander
· 01-09 08:00
89000 really can't hold, I bet five wontons
View OriginalReply0
GasFeeNightmare
· 01-09 07:57
Is 89,000 really that fragile? It feels like every time they say it's going to break, it just rebounds again.
View OriginalReply0
GasFeeCrier
· 01-09 07:51
If you really can't handle this level of 89,000, wouldn't staying outside the game be a safer option?
View OriginalReply0
BlockTalk
· 01-09 07:43
Breaking or not breaking this 89,000 level is really crucial. Once it drops below, the liquidation chain reaction could take off in minutes.
View OriginalReply0
DegenWhisperer
· 01-09 07:42
89k is really a make-or-break level; either hold it or it's game over, no middle ground...
Bitcoin is currently at a critical juncture. If the price falls below the $89,000 support level, market data indicates that it will directly trigger the liquidation of over $1.127 billion in long positions.
This is not just a number — what does it mean? Once the liquidation is triggered, a vicious cycle will form. Large liquidation sell orders flood in → prices drop further → more positions are forcibly closed → continued selling pressure. The risk management systems of major leading exchanges are closely monitoring this price level. If it breaks below, mainstream CEXs may experience a wave of liquidations.
The key now is: can the $89,000 line hold? In the short term, every rebound could be an opportunity for traders to build positions, but it could also be the last breather before a liquidation. For operators, precisely timing entry points is especially important — avoiding risks while seizing opportunities.