Let's focus on the volatility of Bitcoin near the price of 90,000 and its future direction.

Recently, Bitcoin has been hovering around the price of 90,000 for a week, and the market is about to clarify its direction. Retail investors generally expect the price to fall so that they can enter the market, while institutions, capital and large investors hope to push the price up to 100,000 or even 120,000. This divergence has caused the price to remain high.

Analyzing the position situation, there are a large number of short positions trapped in the price ranges of 75,000 to 79,000 and 82,000, while there are few buyers chasing high prices near the price of 90,000. Contract market data shows that if Bitcoin rises to 100,000, the short liquidation amount will be as high as 2.09 billion; if it falls to 73,000, the long liquidation amount will be 2.07 billion. Therefore, institutions will not let the price fall easily. They have struggled to raise the price to 90,000 and are unwilling to give up easily.

Although there is a possibility that the bull market will end at the price of 93,000, the probability is low. If so, the price of Bitcoin may not only fall to 75,000, but may even fall all the way to 40,000. The strategy that institutions are more likely to adopt is to push the price up to 100,000 by the end of this month, so that short positions in the range of 75,000 to 79,000 and 81,000 face the risk of liquidation. Once the 100,000 mark is broken, a real correction may occur.

Considering the market rules of Christmas and Spring Festival, Bitcoin is likely to hit the 100,000 high in the next two or three weeks, and then a correction may occur. Of course, there is also the possibility of rising directly to 120,000 and then correcting to 100,000, which will mark that Bitcoin has completely broken through the 100,000 mark.

In summary, it is a high probability event that the price of Bitcoin will exceed 100,000 in 2025. We only have about 40 days to achieve this goal. Institutions may maximize their profits by pushing the price up to 100,000, clearing shorts, harvesting longs, and then correcting to the range of 93,000 to 95,000.

In the face of this situation, we should maintain a cautious and optimistic attitude and pay close attention to market dynamics in order to seize possible investment opportunities. At the same time, we must also be alert to potential market risks and ensure the rationality of investment decisions. $ETH $ETH #币安矿池FB联合挖矿 #DeSci热度上涨 #英伟达财报即将公布 #AVAX、ROSE、ADA大额解锁