比特币 (BTC) 重回 92,000 美元低点，市场遭受 1.4B 美元清算

12 月 20 日，随着杠杆头寸被平仓，比特币 (BTC) 价格大幅下跌，重回 92,000 美元的低点，进一步给看涨交易者带来压力。

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.

由于杠杆头寸被平仓，比特币 (BTC) 价格于 12 月 20 日大幅下跌，重回 92,000 美元低点，给看涨交易者带来进一步压力。华尔街开盘后，BTC/美元反弹至 96,000 美元上方，但损害已经造成。

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.

根据BNC市场数据，比特币当日下跌1.5%，继续从前期高点回落。著名交易员兼分析师 Rekt Capital 表示，此次回调反映了历史牛市调整。

“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 强调说：“支持损失的级联确实发生了。”他强调，比特币 15% 的下跌与突破历史高点后六到八周出现的典型调整一致。

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

比特币 15% 的回调符合典型的牛市调整（美元价格）——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.

根据Rekt Capital的分析，这是本周期的首次重大“价格发现修正”，为长期投资者提供了绝佳的再积累机会。他补充说，这种调整通常会持续几周，然后才会出现向上逆转。

“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.”

“但一切并没有失去，”雷克特写道，并补充道，“这就是为什么我总是谈论每周收盘价来提供确认。比特币的下行趋势偏离了两个关键的每周支撑位，但仍维持这些支撑位。比特币需要失去这些区域才能过渡到更深层次的调整。”

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.

清算狂潮不仅限于比特币。 CoinGlass 的数据显示，过去 24 小时内，更广泛的加密货币市场遭受了超过 14 亿美元的清算。 CryptoQuant 的分析师 JA Maartun 强调了来自美国最大加密货币交易所 Coinbase 的巨大卖方压力。

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 上比特币（BTC/USD）和币安（BTC/USDT）之间价格差异的“Coinbase 溢价”呈现出急剧的负趋势。 Coinbase 溢价为负值通常预示着来自美国交易商的强大抛售压力。

“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 建议：“当 Coinbase Premium 为负值时，这是一个保持观望的信号。” “等待市场显示积极信号后再跳入市场。”

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.

尽管比特币最新的价格下跌令短期交易者感到不安，但经验丰富的分析师认为历史模式正在上演。持续的调整与典型的牛市回调相一致，可能为那些对加密货币市场长期轨迹充满信心的人提供买入机会。

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.

由于宏观经济数据仍在推动市场情绪，比特币交易者将关注稳定的迹象，特别是在通胀数据和美联储政策继续影响市场预期的情况下。目前，92,000 美元的下跌既标志着后期多头的痛苦时刻，也标志着押注比特币弹性的逢低买家的诱人切入点。

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.”

请记住，正如 Bitwise 的 Matt Houghan 在 X 上所说，“牛市的驱动因素是长期和基本面的，而回调的驱动因素是短期和战术性的。这使得回调成为一个机会，而不是逆转。”