#美国核心CPI未达市场预期 Bitcoin 24-Hour Snapshot: What Is the Market Doing?

In the past day, the market experienced a clear wipeout. According to on-chain data, approximately 176,000 traders were liquidated, totaling up to $929 million, with long positions accounting for nearly 90%. However, this does not mean the trend is reversing—it's more like a focused correction on excessive leverage and market sentiment along the upward trajectory.

The price is currently oscillating between $89,000 and $96,000, with the structure still intact and the overall rhythm remaining within an upward channel. It’s not out of control; rather, it appears relatively stable.

The most important upcoming focus is whether the upper boundary of the channel can be tested smoothly. Considering the Federal Reserve's interest rate decision scheduled for January 28-29, the market currently lacks definitive catalysts to drive a one-sided trend. From a trading perspective: avoid stubbornly holding short positions, and those with profits can take some off the table first. Instead of betting on the direction, it’s better to patiently wait for a trend-following opportunity—this logic will never go out of style. $BTC