比特幣（BTC）價格跌破峰值，導致市場大幅清算

儘管比特幣維持長期上漲趨勢，但目前的下跌凸顯了重要阻力區附近的波動性和困難。

Bitcoin’s price is experiencing a slight decline, retracing from recent highs and leading to substantial market liquidations.

比特幣的價格正在經歷小幅下跌，從近期高點回落，並導致大量市場清算。

Currently, BTC is trading at $105,154, according to the price chart provided, and the recent decline is underscoring the volatility and challenges in the vicinity of key resistance zones, despite Bitcoin maintaining a longer-term bullish trend.

根據提供的價格圖表，目前 BTC 的交易價格為 105,154 美元，儘管比特幣保持長期看漲趨勢，但近期的下跌凸顯了關鍵阻力區域附近的波動性和挑戰。

The situation is further highlighted by the liquidation data. Over $407 million in positions have been liquidated in the last 24 hours, with longs suffering the most losses at $327.81 million versus $79.59 million for shorts.

清算數據進一步凸顯了這種情況。過去 24 小時內，已有超過 4.07 億美元的部位被清算，其中多頭損失最大，達 3.2781 億美元，而空頭損失為 7,959 萬美元。

Out of the total liquidations, BTC is the second-largest contributor with $77.99 million in positions related to Bitcoin, trailing others by $10,098 million.

在清算總額中，BTC 是第二大貢獻者，其與比特幣相關的部位為 7,799 萬美元，落後於其他部位 100.98 億美元。

Ethereum also experienced significant losses, contributing $55.89 million to the total liquidated positions. Among the exchanges, Binance is the most affected with a total loss of $11.45 million, which is further divided between $4.39 million in longs and $7.06 million in shorts, according to the distribution of liquidations.

以太幣也遭受了重大損失，總清算部位貢獻了 5,589 萬美元。在這些交易所中，幣安受到的影響最大，總損失達 1,145 萬美元，根據強平分佈，其中多頭損失 439 萬美元，空頭損失 706 萬美元。

Coming in second is OKX with $5.16 million in liquidations, where an overwhelming short bias of 81.94% suggests that bearish sentiment likely triggered a bulk of the position closures.

排名第二的是 OKX，其清算額為 516 萬美元，其中 81.94% 的壓倒性空頭偏見表明看跌情緒可能引發了大部分頭寸平倉。

Real-time liquidity data is further highlighting unusual activity in altcoins. Concentrated liquidations occurred in smaller-cap assets like SUI-USDT, DOGE and UXLINK-USDT. The steep decline in Bitcoin likely had a domino effect on the broader market, leading traders who were overleveraged to quickly sell their positions.

即時流動性數據進一步凸顯了山寨幣的異常活動。 SUI-USDT、DOGE 和 UXLINK-USDT 等小型資產出現集中清算。比特幣的急劇下跌可能對更廣泛的市場產生骨牌效應，導致槓桿過高的交易者迅速拋售頭寸。

Technically speaking, buyers are stepping in to prevent further declines as Bitcoin still has support nearby at the rising trendline.

從技術上講，買家正在介入以防止進一步下跌，因為比特幣在上升趨勢線附近仍有支撐。

However, if BTC fails to stay above key support levels like $98,400 and $97,900, there could be more selling pressure and liquidations.

然而，如果 BTC 未能保持在 98,400 美元和 97,900 美元等關鍵支撐位上方，可能會出現更多拋售壓力和清算。

Moving forward, traders will be keeping a close eye on Bitcoin’s movement around the psychological $100,000 price point. A sustained decline could amplify liquidations across both Bitcoin and altcoins in the event of a market sell-off, while a clear move above this level could restore investor confidence. The market is still showing signs of tension, and volatility is likely to continue for the time being.

展望未來，交易者將密切關注比特幣在 10 萬美元心理價位附近的趨勢。如果市場拋售，持續下跌可能會加劇比特幣和山寨幣的清算，而明顯突破這個水準可能會恢復投資者信心。市場仍呈現緊張跡象，波動可能會暫時持續。