<p>比特币在 1 月 21 日跌破了 90,000 美元。这一下跌延续了更广泛的回调，伴随着加密衍生品市场的一波强制平仓。</p>
<p>在 12 小时的时间框架内，比特币最低交易至 <strong>$89,162</strong>，最终稳定在 <strong>$89,368</strong> 左右，较本次交易下跌约 1.9%。这一走势也使得 <strong>相对强弱指数 [RSI] 降至 -33.7。</strong> 这一水平通常表明在持续的卖压后动能减弱。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/BTCUSD_2026-01-20_19-44-07.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/BTCUSD_2026-01-20_19-44-07.png"/></p>
<p>来源：TradingView</p>
<h2><strong>以多头平仓为主导的杠杆清洗</strong></h2>
<p>平仓数据显示，这次抛售主要是由于多头杠杆被清除。</p>
<p>根据 CoinGlass 的数据，过去 24 小时内的总平仓金额达到了 <strong>$708.88m</strong>。其中 <strong>$648.78m</strong> 来自多头头寸，而 <strong>$60.09m</strong> 来自空头。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Screenshot-2026-01-20-at-19.47.10.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Screenshot-2026-01-20-at-19.47.10.png"/></p>
<p>来源：Coinglass</p>
<p>在过去的 12 小时内，平仓总额为 <strong>$466.40m</strong>，同样严重倾向于多头 <strong>[$422.68m]</strong>，而空头为 <strong>[$43.72m]</strong>。</p>
<p>CoinGlass 还报告称，在 24 小时内有 166,432 名交易者被平仓。</p>
<p>这种不平衡通常表明市场原本是为了继续上涨或反弹而布局的。然而，当现货价格下跌时，市场被迫调整，触发了连锁平仓。</p>
<h2><strong>比特币引领下跌，交易者关注关键水平</strong></h2>
<p>随着比特币失去 90,000 美元的支撑，关注点可能会转向价格是否能够迅速重新夺回这一心理关口，或者卖方是否会在任何反弹中继续防守。</p>
<p>从市场结构的角度来看，低于 90,000 美元的价格和接近低 30 的 RSI 组合表明，市场已进入一个更脆弱的阶段。</p>
<p>反弹可能会发生，但通常波动性较大，并对头条驱动的风险情绪和资金定位敏感。</p>
<p>尽管如此，数据中最清晰的信号是市场定位。平仓偏差显示市场正在积极去杠杆化。这有时可以在强制平仓减缓后减少短期的卖压。</p>
<hr/>
<h2><strong>最终思考</strong></h2>
<ul>
<li>比特币跌破 90,000 美元与杠杆重置同时发生，24 小时内约有$708.9m 被平仓，多头承受了大部分损失。</li>
<li>在 12 小时图表上，RSI 接近-34，比特币在支撑位上表现疲软，围绕 90,000 美元的下一步走势将是情绪和定位的关键指标。</li>
</ul>
<hr/>

<p>比特币在 1 月 21 日跌破 90,000 美元，标志着一次显著的下跌，伴随着 7.0888 亿美元的清算，主要来自多头头寸。价格最低触及 89,162 美元，最终收于 89,368 美元，下降了 1.9%。市场正经历杠杆清洗，166,432 名交易者被清算。相对强弱指数（RSI）显示动能减弱，暗示市场处于脆弱阶段。现在的关注点是比特币能否重新夺回 90,000 美元的水平，因为市场正在积极去杠杆，可能会减少短期的卖压</p>

<p>Bitcoin fell below $90,000 on 21 January. The drop extends a broader pullback that a sharp wave of forced unwinds has accompanied across the crypto derivatives market.</p>
<div class="lb-trans"><p>比特币在 1 月 21 日跌破了 90,000 美元。这一下跌延续了更广泛的回调，伴随着加密衍生品市场的一波强制平仓。</p>
</div><p>On the 12-hour timeframe, Bitcoin traded as low as <strong>$89,162</strong> before settling around <strong>$89,368</strong>, down roughly 1.9% on the session. The move also pushed the <strong>Relative Strength Index [RSI] to -33.7.</strong> This level typically signals weakening momentum after sustained selling pressure.</p>
<div class="lb-trans"><p>在 12 小时的时间框架内，比特币最低交易至 <strong>$89,162</strong>，最终稳定在 <strong>$89,368</strong> 左右，较本次交易下跌约 1.9%。这一走势也使得 <strong>相对强弱指数 [RSI] 降至 -33.7。</strong> 这一水平通常表明在持续的卖压后动能减弱。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/BTCUSD_2026-01-20_19-44-07.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/BTCUSD_2026-01-20_19-44-07.png"/></p>
<p>Source: TradingView</p>
<div class="lb-trans"><p>来源：TradingView</p>
</div><h2><strong>A leverage flush dominated by long liquidations</strong></h2>
<div class="lb-trans"><h2><strong>以多头平仓为主导的杠杆清洗</strong></h2>
</div><p>Liquidation data showed the sell-off was driven largely by long-side leverage being taken out.</p>
<div class="lb-trans"><p>平仓数据显示，这次抛售主要是由于多头杠杆被清除。</p>
</div><p>According to CoinGlass figures, total liquidations reached <strong>$708.88m over the past 24 hours</strong>. <strong>$648.78m</strong> was from long positions versus <strong>$60.09m</strong> from shorts.</p>
<div class="lb-trans"><p>根据 CoinGlass 的数据，过去 24 小时内的总平仓金额达到了 <strong>$708.88m</strong>。其中 <strong>$648.78m</strong> 来自多头头寸，而 <strong>$60.09m</strong> 来自空头。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Screenshot-2026-01-20-at-19.47.10.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/Screenshot-2026-01-20-at-19.47.10.png"/></p>
<p>Source: Coinglass</p>
<div class="lb-trans"><p>来源：Coinglass</p>
</div><p>Over the past 12 hours, liquidations totaled <strong>$466.40m</strong>, again skewed heavily toward longs <strong>[$422.68m]</strong> compared with shorts <strong>[$43.72m]</strong>.</p>
<div class="lb-trans"><p>在过去的 12 小时内，平仓总额为 <strong>$466.40m</strong>，同样严重倾向于多头 <strong>[$422.68m]</strong>，而空头为 <strong>[$43.72m]</strong>。</p>
</div><p>CoinGlass also reported that 166,432 traders were liquidated during the 24-hour window.</p>
<div class="lb-trans"><p>CoinGlass 还报告称，在 24 小时内有 166,432 名交易者被平仓。</p>
</div><p>This kind of imbalance typically points to a market that was positioned for continuation or a bounce. However, it was caught offside as spot prices pushed lower, triggering cascading stop-outs.</p>
<div class="lb-trans"><p>这种不平衡通常表明市场原本是为了继续上涨或反弹而布局的。然而，当现货价格下跌时，市场被迫调整，触发了连锁平仓。</p>
</div><h2><strong>Bitcoin leads the downturn as traders watch key levels</strong></h2>
<div class="lb-trans"><h2><strong>比特币引领下跌，交易者关注关键水平</strong></h2>
</div><p>With Bitcoin losing the $90k handle, attention is likely to shift to whether price can quickly reclaim that psychological level, or whether sellers continue to defend it on any rebound.</p>
<div class="lb-trans"><p>随着比特币失去 90,000 美元的支撑，关注点可能会转向价格是否能够迅速重新夺回这一心理关口，或者卖方是否会在任何反弹中继续防守。</p>
</div><p>From a market structure perspective, the combination of a sub-$90k print and RSI near the low-30s suggests the move has entered a more fragile phase.</p>
<div class="lb-trans"><p>从市场结构的角度来看，低于 90,000 美元的价格和接近低 30 的 RSI 组合表明，市场已进入一个更脆弱的阶段。</p>
</div><p>The bounces can occur, but are often volatile and sensitive to headline-driven risk sentiment and funding positioning.</p>
<div class="lb-trans"><p>反弹可能会发生，但通常波动性较大，并对头条驱动的风险情绪和资金定位敏感。</p>
</div><p>Still, the clearest signal from the data is positioning. The liquidation skew shows the market has been deleveraging aggressively. This can sometimes reduce near-term sell pressure once forced liquidations slow.</p>
<div class="lb-trans"><p>尽管如此，数据中最清晰的信号是市场定位。平仓偏差显示市场正在积极去杠杆化。这有时可以在强制平仓减缓后减少短期的卖压。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><h2><strong>Final Thoughts</strong></h2>
<div class="lb-trans"><h2><strong>最终思考</strong></h2>
</div><ul>
<li>Bitcoin breaking below $90k coincided with a leverage reset, with roughly $708.9m liquidated in 24 hours and longs taking the bulk of the hit.</li>
<li>With RSI near -34 on the 12-hour chart, BTC is weakening at support, making the next moves around $90k a key indicator of sentiment and positioning.</li>
</ul>
<div class="lb-trans"><ul>
<li>比特币跌破 90,000 美元与杠杆重置同时发生，24 小时内约有$708.9m 被平仓，多头承受了大部分损失。</li>
<li>在 12 小时图表上，RSI 接近-34，比特币在支撑位上表现疲软，围绕 90,000 美元的下一步走势将是情绪和定位的关键指标。</li>
</ul>
</div><hr/>
<div class="lb-trans"><hr/>
</div>

Bitcoin drops below $90k as $708.9m crypto liquidations hit leveraged longs

- 比特币在 1 月 21 日跌破 90,000 美元，跌幅约 1.9%。  
- 清算数据显示，过去 24 小时内共计清算约 7.09 亿美元，其中长仓占主导。  
- 当前市场正处于脆弱阶段，投资者需关注 90,000 美元的心理关口。

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比特币跌破 90,000 美元，7.089 亿美元的加密货币清算冲击了杠杆多头