#以太坊大户持仓变化 Bitcoin Breakout Timeline Revealed: Liquidation Data Tells the Truth

Recently, I’ve been monitoring on-chain data for a week, and the liquidation pressures around several key price levels for Bitcoin are quite significant: breaking below $89,000 results in nearly $900 million in long liquidations across the network; pushing back above $92,000 also triggers about $560 million in short liquidations. These peaks on the liquidation chart indicate that market participants have long been gearing up, and even slight touches can trigger chain reactions.

From an on-chain perspective, this week whales are indeed quietly accumulating, and increased outflows from exchanges reveal clear intentions among institutions and large holders—they are all betting on the direction. Derivatives market leverage positions hit new highs, and in such a state, market volatility can easily lead to intense long-short hedging.

My observation leans towards a short-term bullish bias: the price range of 88,000-90,000 shows obvious buy-side accumulation, making downward drops easier to absorb, and currently, shorts lack enough firepower to force a significant decline. Plus, recent ETF net inflows have turned positive, indicating that institutional risk appetite has not yet dissipated—once the price breaks psychological levels, a wave of chasing orders will follow immediately. Historically, these dense liquidation zones often first undergo a shakeout before a one-sided move begins, and the main players love this routine.

Operational advice: spot holders should stay patient, and contract traders must set proper stop-losses to avoid being shaken out during volatility. The more chaotic the market, the more important it is to remain calm. True profits often flow to those who have planned ahead and are unaffected by noise.