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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
Venue: Gate Chat Group
Time: Jan. 7, 04:00 AM (UTC)
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Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Voting ends: Jan 20, 02:00 UTC
Details: https://www.gate.com/announcements/article/48693
In the past 24 hours, the cryptocurrency market has experienced intense volatility, with over $166 million in short positions liquidated. During this rally, BTC strongly broke through the $91,000 mark, demonstrating robust upward momentum.
Large-scale short liquidations often indicate a shift in market sentiment, with forced stop-losses by short sellers further driving up the price. The current performance of Bitcoin reflects ongoing market optimism for this asset. Similar liquidation events occur during periods of high volatility in the crypto market, and traders need to closely monitor position management and risk control.
Market participants should pay attention to the subsequent trend, especially Bitcoin's stability after breaking through key psychological levels.