2025-12-18 23:28:11

Bitcoin is currently contesting the support level at 84.5k on the 1-hour chart's 1-hour candlestick. It seems that both bulls and bears are repeatedly testing this level. The key question is whether the 86k level can be turned into a new support, which is still difficult to determine at the moment. The recent trend has been quite chaotic, and the market's "pushing down" behavior appears to have a clear intention—most likely to liquidate those with high leverage and heavy positions. High leverage contract positions are easily liquidated under such volatility, which also explains the numerous fluctuations and irregular price movements we are seeing.

BTC0,39%

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LiquidationWatcher

· 2025-12-21 22:52

84.5k can't hold this time, is that all the long positions can do?

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MelonField

· 2025-12-19 19:46

84.5k, this position is quite fierce, is it washing out again?

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GasFeeGazer

· 2025-12-18 23:58

I'm just saying, if this wave of 86k can't break the support, we'll have to wait for the next signal.

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GweiObserver

· 2025-12-18 23:56

They're doing a shakeout again. With this drop, I wonder how many people will get liquidated.

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MevTears

· 2025-12-18 23:55

If 86k can't be broken, then this move is just a mouse trap to shake out the weak holders.

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SatoshiHeir

· 2025-12-18 23:53

It should be pointed out that your analytical framework has an obvious causal inversion—whether liquidation triggers volatility or volatility induces liquidation, this logical chain should be demonstrated by on-chain data rather than inferred in reverse. Let me be frank: the market's "depression" has never been about some mysterious intent; it’s simply the game itself. The tug-of-war at the 84.5k and 86k price levels, frankly, is a real-time display of supply and demand. Bears attempt to break down for liquidity, while bulls hold support to seek a rebound. As for whether the 86k level will flip into support... that depends on subsequent spot accumulation and the structure of futures positions. Looking solely at candlestick patterns cannot determine this. The "chaotic movement" you mentioned actually reflects a deeper fundamental issue— the market is searching for a new consensus on value. Returning to Satoshi Nakamoto's original white paper, volatility is not a bug but a feature; it’s an essential part of the price discovery process in a decentralized market. Don’t be scared by liquidation data from high leverage; those who get wiped out are simply the cost of market survival and淘汰.

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GrayscaleArbitrageur