Bitcoin is doing something again!

Now the price is stable at $92,500, and the market value has directly exceeded 1.84 trillion yuan - what is the concept? The volume of two Teslas! But the crazier is yet to come.

Staring at the $94,000 position. Once it breaks through, the liquidation intensity of short orders on mainstream exchanges will instantly reach $455 million. This money is equivalent to 3,000 Lamborghinis entering the market at the same time. Think about that picture, the fluidity explodes directly.

What about the other way around? If it falls below 91,000, the liquidation intensity of long orders will soar to 811 million, which is more fierce than short orders. The current long-short game is like a full spring - I don't know which end will collapse first, but it will definitely collapse very loudly.

There is a statement that I agree with: this wave is not a question of "if" it will break through 94,000, but a question of "when". Institutional funds have been moving significantly in the past few days, and on-chain data and transaction volume are telling stories. Retail investors are still waiting? That may be the classic "get on the bus one step late" script.

The currency circle is always a race of fear and greed. This time, greed ran a little faster.