Around 11:30 PM last night, BTC dropped to $92,000. At that time, approximately 4 hours later, the total liquidation across the network reached $98.4772 million, of which long positions accounted for $89.7787 million and short positions accounted for $8.6985 million.

When Bitcoin breaks the $100,000 barrier, there will be about a month until Trump takes office, and there will definitely be a period of adjustment and consolidation. After about 10 days, when Trump officially takes office, Bitcoin and the cryptocurrency market will certainly not disappoint holders.

Investors should approach the current adjustment rationally and make sensible judgments based on their own risk tolerance.

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