<p>比特幣在 1 月 21 日跌破了 90,000 美元。這一下跌延續了更廣泛的回調，伴隨着加密衍生品市場的一波強制平倉。</p>
<p>在 12 小時的時間框架內，比特幣最低交易至 <strong>$89,162</strong>，最終穩定在 <strong>$89,368</strong> 左右，較本次交易下跌約 1.9%。這一走勢也使得 <strong>相對強弱指數 [RSI] 降至 -33.7。</strong> 這一水平通常表明在持續的賣壓後動能減弱。</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>來源：TradingView</p>
<h2><strong>以多頭平倉為主導的槓桿清洗</strong></h2>
<p>平倉數據顯示，這次拋售主要是由於多頭槓桿被清除。</p>
<p>根據 CoinGlass 的數據，過去 24 小時內的總平倉金額達到了 <strong>$708.88m</strong>。其中 <strong>$648.78m</strong> 來自多頭頭寸，而 <strong>$60.09m</strong> 來自空頭。</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>來源：Coinglass</p>
<p>在過去的 12 小時內，平倉總額為 <strong>$466.40m</strong>，同樣嚴重傾向於多頭 <strong>[$422.68m]</strong>，而空頭為 <strong>[$43.72m]</strong>。</p>
<p>CoinGlass 還報告稱，在 24 小時內有 166,432 名交易者被平倉。</p>
<p>這種不平衡通常表明市場原本是為了繼續上漲或反彈而佈局的。然而，當現貨價格下跌時，市場被迫調整，觸發了連鎖平倉。</p>
<h2><strong>比特幣引領下跌，交易者關注關鍵水平</strong></h2>
<p>隨着比特幣失去 90,000 美元的支撐，關注點可能會轉向價格是否能夠迅速重新奪回這一心理關口，或者賣方是否會在任何反彈中繼續防守。</p>
<p>從市場結構的角度來看，低於 90,000 美元的價格和接近低 30 的 RSI 組合表明，市場已進入一個更脆弱的階段。</p>
<p>反彈可能會發生，但通常波動性較大，並對頭條驅動的風險情緒和資金定位敏感。</p>
<p>儘管如此，數據中最清晰的信號是市場定位。平倉偏差顯示市場正在積極去槓桿化。這有時可以在強制平倉減緩後減少短期的賣壓。</p>
<hr/>
<h2><strong>最終思考</strong></h2>
<ul>
<li>比特幣跌破 90,000 美元與槓桿重置同時發生，24 小時內約有$708.9m 被平倉，多頭承受了大部分損失。</li>
<li>在 12 小時圖表上，RSI 接近-34，比特幣在支撐位上表現疲軟，圍繞 90,000 美元的下一步走勢將是情緒和定位的關鍵指標。</li>
</ul>
<hr/>

<p>比特幣在 1 月 21 日跌破 90,000 美元，標誌着一次顯著的下跌，伴隨着 7.0888 億美元的清算，主要來自多頭頭寸。價格最低觸及 89,162 美元，最終收於 89,368 美元，下降了 1.9%。市場正經歷槓桿清洗，166,432 名交易者被清算。相對強弱指數（RSI）顯示動能減弱，暗示市場處於脆弱階段。現在的關注點是比特幣能否重新奪回 90,000 美元的水平，因為市場正在積極去槓桿，可能會減少短期的賣壓</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>比特幣在 1 月 21 日跌破了 90,000 美元。這一下跌延續了更廣泛的回調，伴隨着加密衍生品市場的一波強制平倉。</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 小時的時間框架內，比特幣最低交易至 <strong>$89,162</strong>，最終穩定在 <strong>$89,368</strong> 左右，較本次交易下跌約 1.9%。這一走勢也使得 <strong>相對強弱指數 [RSI] 降至 -33.7。</strong> 這一水平通常表明在持續的賣壓後動能減弱。</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>來源：TradingView</p>
</div><h2><strong>A leverage flush dominated by long liquidations</strong></h2>
<div class="lb-trans"><h2><strong>以多頭平倉為主導的槓桿清洗</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>平倉數據顯示，這次拋售主要是由於多頭槓桿被清除。</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>根據 CoinGlass 的數據，過去 24 小時內的總平倉金額達到了 <strong>$708.88m</strong>。其中 <strong>$648.78m</strong> 來自多頭頭寸，而 <strong>$60.09m</strong> 來自空頭。</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>來源：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>在過去的 12 小時內，平倉總額為 <strong>$466.40m</strong>，同樣嚴重傾向於多頭 <strong>[$422.68m]</strong>，而空頭為 <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 還報告稱，在 24 小時內有 166,432 名交易者被平倉。</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>這種不平衡通常表明市場原本是為了繼續上漲或反彈而佈局的。然而，當現貨價格下跌時，市場被迫調整，觸發了連鎖平倉。</p>
</div><h2><strong>Bitcoin leads the downturn as traders watch key levels</strong></h2>
<div class="lb-trans"><h2><strong>比特幣引領下跌，交易者關注關鍵水平</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>隨着比特幣失去 90,000 美元的支撐，關注點可能會轉向價格是否能夠迅速重新奪回這一心理關口，或者賣方是否會在任何反彈中繼續防守。</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>從市場結構的角度來看，低於 90,000 美元的價格和接近低 30 的 RSI 組合表明，市場已進入一個更脆弱的階段。</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>反彈可能會發生，但通常波動性較大，並對頭條驅動的風險情緒和資金定位敏感。</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>儘管如此，數據中最清晰的信號是市場定位。平倉偏差顯示市場正在積極去槓桿化。這有時可以在強制平倉減緩後減少短期的賣壓。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><h2><strong>Final Thoughts</strong></h2>
<div class="lb-trans"><h2><strong>最終思考</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>比特幣跌破 90,000 美元與槓桿重置同時發生，24 小時內約有$708.9m 被平倉，多頭承受了大部分損失。</li>
<li>在 12 小時圖表上，RSI 接近-34，比特幣在支撐位上表現疲軟，圍繞 90,000 美元的下一步走勢將是情緒和定位的關鍵指標。</li>
</ul>
</div><hr/>
<div class="lb-trans"><hr/>
</div>

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

- 比特幣在 1 月 21 日跌破 90,000 美元，跌幅約 1.9%。  
- 清算數據顯示，過去 24 小時內共計清算約 7.09 億美元，其中長倉佔主導。  
- 當前市場正處於脆弱階段，投資者需關注 90,000 美元的心理關口。

Amb Crypto

WisdomTree Bitcoin Fund

Marathon Digital

Hashdex Bitcoin Futures ETF

American Bitcoin

VanEck Bitcoin ETF

2 倍做多加密貨幣行業 ETF - Direxion

Riot Platforms

iShares Bitcoin Trust ETF

Fidelity Wise Origin Bitcoin Fund - ETF

Bitwise Bitcoin ETF

Grayscale Bitcoin Trust BTC - ETF

Franklin Bitcoin ETF

Grayscale Bitcoin Mini Trust ETF

Galaxy Digital

比特數字

ProShares Bitcoin Strategy ETF

ARK 21Shares Bitcoin ETF

Bitfarms Canada

Grayscale Bitcoin Premium Income ETF

Core Scientific, Inc.

Invesco Galaxy Bitcoin ETF

Bitdeer Tech

Coinbase

Hut 8 Mining

CoinShares Bitcoin ETF

Valkyrie Bitcoin and Ether Strategy ETF

2 倍做多 Coinbase ETF - Leverage Shares

Grayscale Bitcoin Miners ETF

比特幣跌破 90,000 美元，7.089 億美元的加密貨幣清算衝擊了槓桿多頭