比特币（BTC）价格跌破峰值，导致市场大幅清算

尽管比特币保持长期上涨趋势，但目前的下跌凸显了重要阻力区附近的波动性和困难。

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

比特币的价格正在经历小幅下跌，从近期高点回落，并导致大量市场清算。

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.

根据提供的价格图表，目前 BTC 的交易价格为 105,154 美元，尽管比特币保持长期看涨趋势，但近期的下跌凸显了关键阻力区域附近的波动性和挑战。

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.

清算数据进一步凸显了这种情况。过去 24 小时内，已有超过 4.07 亿美元的头寸被清算，其中多头损失最大，达 3.2781 亿美元，而空头损失为 7,959 万美元。

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.

在清算总额中，BTC 是第二大贡献者，拥有 7799 万美元的比特币相关头寸，落后于其他头寸 100.98 亿美元。

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.

以太坊也遭受了重大损失，总清算头寸贡献了 5589 万美元。在这些交易所中，币安受到的影响最大，根据强平分布，其总损失为 1145 万美元，其中多头 439 万美元，空头 706 万美元。

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，其清算额为 516 万美元，其中 81.94% 的压倒性空头偏见表明看跌情绪可能引发了大部分头寸平仓。

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.

实时流动性数据进一步凸显了山寨币的异常活动。 SUI-USDT、DOGE 和 UXLINK-USDT 等小盘资产出现集中清算。比特币的急剧下跌可能对更广泛的市场产生多米诺骨牌效应，导致杠杆过高的交易者迅速抛售头寸。

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

从技术上讲，买家正在介入以防止进一步下跌，因为比特币在上升趋势线附近仍有支撑。

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 美元等关键支撑位上方，可能会出现更多抛售压力和清算。

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.

展望未来，交易者将密切关注比特币在 10 万美元心理价位附近的走势。如果市场出现抛售，持续下跌可能会加剧比特币和山寨币的清算，而明显突破这一水平可能会恢复投资者信心。市场仍呈现紧张迹象，波动可能会暂时持续。