#2026年比特币行情展望 Bitcoin has been fluctuating back and forth between $91,000 and $94,000 for two days. It's really awkward to be stuck around 92,500—there's a minefield above and below.

Let's look at the actual market data: below the $91,000 line, there are $320 million in short liquidation orders forming a firewall. Once touched, algorithmic trading immediately kicks in, potentially pushing the price down to $88,000—many traders have their stop-losses set there. If it breaks through, it could be a complete bloodbath. On the other hand, the resistance at $94,000 is even more fierce, with $480 million in long liquidation orders waiting. But if it can break through, shorts will be squeezed out instantly, and the price is likely to head straight to 96-97k.

The funding rate has been relatively restrained these past two days, showing no signs of excessive greed, which means the probability of a breakout isn't low. Whether upward or downward, once the direction is established, the first wave usually has a 3-4 thousand dollar range.

Current trading strategy: go long near 91,000, go short near 94,000, and wait for a clear direction. Personally, I lean towards bearishness; the resistance at 94,000 is evident on the chart. Once a break is confirmed, the chances of a rebound will be slim.