2026-01-12 12:37:19

$6 billion worth of shorts are squeezed from above.

A price level is crucial: $96,700.

What happens if Bitcoin breaks through this barrier? The chain reaction will be intense. Shorts are forced to close, buying pressure accelerates, and momentum effects reinforce themselves. This is not driven by optimism, but purely by market mechanics.

Bear market holders will not quietly exit here. Liquidations will be fierce.

BTC1,63%

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HashRatePhilosopher

· 21h ago

97,700 is the key level; if it can't break through, just keep consolidating sideways. --- The 6 billion dollars sitting there—once it breaks, it could get really crazy, right? --- A liquidation chain reaction is coming, retail investors won't be able to escape... --- Purely from a technical perspective, no need to talk about emotions; the data speaks for itself. --- If this wave breaks through, how fierce will the short squeeze be? --- Feels like we're the ones about to get liquidated again... --- 97,700 is the critical level; if it can't break, then continue to range sideways.

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RektCoaster

· 21h ago

96700 is really a powder keg; once it breaks, the bears will be bleeding profusely.

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SybilAttackVictim

· 21h ago

96700 can this level really be broken? It feels pretty uncertain. --- Shorts getting liquidated... let's wait and see. --- Liquidation is fierce, but whether the level breaks or not depends on the market’s temperament. --- $6 billion? That number sounds exciting. Hopefully, there won't be a reverse operation. --- I've heard this chain reaction theory too many times. In the end, it still depends on whether the energy is enough. --- Momentum effect self-reinforces... easy to say, but what happens when that moment actually arrives?

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gas_fee_therapist

· 21h ago

Will this 96700 level break or not... Let's see how long the bears can hold out.

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