比特幣 (BTC) 重回 92,000 美元低點，市場遭受 1.4B 美元清算

12 月 20 日，隨著槓桿部位被平倉，比特幣 (BTC) 價格大幅下跌，重回 92,000 美元的低點，進一步給看漲交易者帶來壓力。

Bitcoin (BTC) price dropped sharply on December 20, revisiting $92,000 lows as leveraged positions were liquidated, putting further pressure on bullish traders. After the Wall Street open, BTC/USD rebounded above $96,000, but the damage was done.

由於槓桿頭寸被平倉，比特幣 (BTC) 價格於 12 月 20 日大幅下跌，重回 92,000 美元低點，給看漲交易者帶來進一步壓力。華爾街開盤後，BTC/美元反彈至 96,000 美元上方，但損害已經造成。

According to BNC market data, Bitcoin was down 1.5% on the day, continuing its descent from previous highs. This pullback mirrors historical bull market corrections, according to popular trader and analyst Rekt Capital.

根據BNC市場數據，比特幣當日下跌1.5%，繼續從前期高點回落。著名交易員兼分析師 Rekt Capital 表示，這次回檔反映了歷史多頭調整。

“The cascade of support loss has indeed occurred,” highlighted Rekt Capital, emphasizing that Bitcoin’s 15% decline aligns with typical corrections seen six to eight weeks after breaking all-time highs.

Rekt Capital 強調：「支持損失的級聯確實發生了。」他強調，比特幣 15% 的跌幅與突破歷史高點後六到八週出現的典型調整一致。

Bitcoin 15% pullback aligns with typical bull market corrections (Price in USD) — Rekt Capital (@rektcapital) December 20, 2021

比特幣 15% 的回檔符合典型的多頭調整（美元價格）—Rekt Capital (@rektcapital) 2021 年 12 月 20 日

According to Rekt Capital’s analysis, this is the first major “Price Discovery Correction” of the current cycle, offering a prime re-accumulation opportunity for long-term investors. He added that such corrections typically last a few weeks before reversing upward.

根據Rekt Capital的分析，這是本週期的首次重大“價格發現修正”，為長期投資者提供了絕佳的再累積機會。他補充說，這種調整通常會持續幾週，然後才會出現向上逆轉。

“But all is not lost,” wrote Rekt, adding that, “This is why I always talk about Weekly Closes to offer confirmation. Bitcoin has downside deviated both of the crucial Weekly supports while still maintaining these as support. BTC needs to lose these areas to transition into a deeper correction.”

「但一切並沒有失去，」雷克特寫道，並補充道，「這就是為什麼我總是談論每週收盤價來提供確認。比特幣的下行趨勢偏離了兩個關鍵的每週支撐位，但仍維持這些支撐位。比特幣需要失去這些區域才能過渡到更深層的調整。

The liquidation frenzy wasn’t confined to Bitcoin. Data from CoinGlass revealed that the broader crypto market suffered over $1.4 billion in liquidations in the past 24 hours. Analyst J. A. Maartun from CryptoQuant highlighted significant sell-side pressure originating from Coinbase, the largest U.S. crypto exchange.

清算狂潮不僅限於比特幣。 CoinGlass 的數據顯示，在過去 24 小時內，更廣泛的加密貨幣市場遭受了超過 14 億美元的清算。 CryptoQuant 的分析師 JA Maartun 強調了來自美國最大加密貨幣交易所 Coinbase 的巨大賣方壓力。

The “Coinbase premium,” which measures the pricing difference between Bitcoin on Coinbase (BTC/USD) and Binance (BTC/USDT), showed a sharp negative trend. A negative Coinbase premium often signals strong selling pressure from U.S.-based traders.

衡量 Coinbase 上比特幣（BTC/USD）和幣安（BTC/USDT）之間價格差異的「Coinbase 溢價」呈現出急遽的負趨勢。 Coinbase 溢價為負值通常預示著來自美國交易商的強大拋售壓力。

“When Coinbase Premium is negative, it’s a signal to stay on the sidelines,” advised CryptoQuant contributor BQYoutube. “Wait for the market to show positive signals before jumping back in.”

CryptoQuant 撰稿人 BQYoutube 建議：“當 Coinbase Premium 為負值時，這是一個保持觀望的信號。” “等待市場顯示積極信號後再跳入市場。”

While Bitcoin’s latest price drop rattled short-term traders, seasoned analysts see historical patterns playing out. The ongoing correction aligns with typical bull market pullbacks, potentially offering a buying opportunity for those confident in the long-term trajectory of the crypto market.

儘管比特幣最新的價格下跌令短期交易者感到不安，但經驗豐富的分析師認為歷史模式正在上演。持續的調整與典型的牛市回檔相一致，可能為那些對加密貨幣市場長期軌跡充滿信心的人提供買入機會。

With macroeconomic data still driving sentiment, Bitcoin traders will be watching for signs of stabilization, particularly as inflation data and Federal Reserve policy continue to shape market expectations. For now, the $92,000 dip marks both a moment of pain for late bulls and a tempting entry point for dip buyers betting on Bitcoin’s resilience.

由於宏觀經濟數據仍在推動市場情緒，比特幣交易者將關注穩定的跡象，特別是在通膨數據和聯準會政策繼續影響市場預期的情況下。目前，92,000 美元的下跌既標誌著後期多頭的痛苦時刻，也標誌著押注比特幣彈性的逢低買家的誘人切入點。

Remember folks, As Matt Houghan of Bitwise said on X, “The drivers of the bull market are long-term and fundamental, while the drivers of the pullback are short-term and tactical. That makes the pullback an opportunity and not a reversal.”

請記住，正如 Bitwise 的 Matt Houghan 在 X 上所說，「牛市的驅動因素是長期和基本面的，而回調的驅動因素是短期和戰術性的。這使得回調成為一個機會，而不是逆轉。