2026-01-14 21:20:39

BTC market fluctuations have occurred, and the previously placed 330 million short orders have been withdrawn from the market. The current focus shifts to these large orders worth tens of millions below.

A leading exchange has placed a 11.18 million spot sell order at $98,000, while another major platform has placed a 12.87 million spot sell order at $98,000, along with a 11.40 million spot buy order at $95,000 to absorb the market.

Apart from these key price level spot orders, most of the large liquidity is concentrated in perpetual contracts' long and short orders. Under this structure, the short-term trend will largely be influenced by these deep sell orders.

BTC1,57%

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EntryPositionAnalyst

· 11h ago

The short position has been closed, and the big players are starting to play psychological games again. The 98,000 level is really quite tough.

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SorryRugPulled

· 11h ago

The short position has been closed. Now it's just a matter of whether it can break 98,000; it feels a bit uncertain.

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ProveMyZK

· 11h ago

Short position closed? Now let's see who dares to dump the market. These two large sell orders at 98K look pretty aggressive, it feels like they're just waiting for the bottom-fishing heroes to come in and buy the dip. Did the buy order at 95K catch it? This rhythm seems a bit like testing the bottom. What do the perpetual contract traders think? How's the long-short ratio? In the short term, it's being heavily suppressed by sell orders, feeling pretty stifling.

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MainnetDelayedAgain

· 11h ago

According to the database, at the moment when 330 million short positions were withdrawn, I knew the show was just beginning. These tens of millions level orders, how many days have passed since I last saw similar actions? I suggest they be recorded in the Guinness World Records. The two leading exchanges with $98,000 listings will eventually fulfill their mission, anyway, we've been used to delay notices for a long time.

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