比特幣（BTC）清算不平衡346％的人向S寄出5200萬美元

今天發生的346％的清算失衡正是比特幣（BTC）渴望獲得5200萬美元，而僅1500萬美元的短褲沖洗了5200萬美元

Bitcoin price dropped by 2% in one hour on Wednesday as a 346% liquidation imbalance saw over three times as much long positions flushed out against just $15 million in short positions, flipping sentiment and price direction without any macro trigger or breaking news.

比特幣的價格在周三的一小時內下降了2％，因為346％的清算失衡的長度超過了三倍，而長位置的三倍超過了1500萬美元的短職位，即使情緒和價格方向只有1500萬美元，而沒有任何宏觀觸發或突破新聞。

As Bitcoin slid from highs above $86,000 to lows below $84,000, the move was triggered by an imbalance in the market as price slid too far without any fresh fundamental drivers to continue the ascent.

隨著比特幣從高於86,000美元的高點到低於84,000美元的低點，這一舉動是由於市場不平衡而觸發的，因為價格過得太遠，沒有任何新的基本驅動力，無法繼續上升。

Instead, the move lower saw a technical correction as Bitcoin slid, liquidating over-leveraged traders who were entering positions in anticipation of further gains, but who got caught out by the sudden shift in momentum.

取而代之的是，隨著比特幣滑行，降落的技術校正，憑藉預期進一步增長的職位的清算過度槓桿的交易者，但由於勢頭的突然轉變而陷入困境。

The initial result wasn’t dramatic on the surface, but the effect was clear: price dropped, leverage reset with Bitcoin slipping above $86,000 again before fading back below $84,000, suggesting not so much a collapse as a mechanical reset after bearish traders were caught leaning too hard into a narrative that had already run out of momentum.

最初的結果在表面上並不是戲劇性的，但是效果很明顯：價格下降了，在淡出84,000美元以下的比特幣再次下降了86,000美元以上，比特幣再次滑倒，這表明沒有那麼多的機械重置，而是在次年交易者被困難地傾斜到已經耗盡敘事的敘事中，這種重置已經耗盡了動力。

This wasn’t a moment of FOMO or euphoria, just a reality check — one where an over-leveraged market quietly tipped over and forced liquidations to clean up the excess.

這不是FOMO或EUPHORIA的時刻，只是一個現實檢查，一個過度槓桿的市場悄悄地傾斜並強迫清算以清理過多。

While $67 million in total liquidations over a short period isn’t a massive number in isolation, the ratio or the imbalance is what matters here, because it reveals just how concentrated sentiment had become and how little downside buffer existed once the tide turned.

雖然短期內的6,700萬美元的清算並不是一個孤立的數字，但在這裡，比率或失衡是重要的，因為它揭示了一旦潮汐轉彎，就揭示了人們的集中情緒已經變得多麼集中。

There was no CPI data, no Fed minutes, no sudden move in rates — just the natural consequence of leverage-heavy setups overstaying. You can see the results on the chart, which show how quickly prices bounce back once weak positions are cleared.

沒有CPI數據，沒有餵入分鐘，沒有突然移動速率，只是槓桿率繁殖的自然後果。您可以在圖表上看到結果，這表明一旦清除了弱位置，價格會迅速反彈。