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#贵金属黄金与白银刷新历史高位 Bitcoin 24-Hour Market Observation
Yesterday's market was quite intense. CoinGlass data clearly shows—176,000 traders were liquidated, totaling $929 million, with longs taking the biggest hit. But this is not a trend reversal signal; rather, it seems like a cleanup of over-leverage during an upward move. Such market volatility is perfectly normal.
$BTC is currently fluctuating between 89,000 and 96,000. The chart still shows a complete structure, and all signs point to the upward channel remaining valid. The pace is steady, with no signs of losing control.
Next, it depends on whether the upper boundary can be effectively broken. The Federal Reserve's interest rate decision is scheduled for January 28-29. Before that, the market indeed lacks the certainty factors that could drive a one-sided trend. From a trading perspective, traders holding short positions should take profits and secure gains, rather than fighting the trend. Waiting for a trend-following opportunity will be more meaningful than blindly chasing the direction.