Now looking at BTC, stop asking whether it’s going up or down.
There is only one real question: when will the main force twist the valve.
BTC price is hovering around 90,000 USD, neither strong nor weak, but stuck in an extremely uncomfortable position.
The 24-hour high is at 92600+, the low is at 89400+, the volatility is not small, but the directional sense has been completely flattened.
This is not a slow decline; it’s compressing the volatility into a knife—specifically to cut leverage.
Firstly, the real key level is not 90,000, but two 'liquidation valves.'
Today, the most important thing about BTC is not the integer levels, but two lines:
94,738 USD: Short position concentration area
85,998 USD: Long position concentration area
And a very crucial point is:
The liquidation scale of the shorts above is significantly larger than the longs below.
What does this mean?
This means —
If you really want to follow a trend, the upward step is more likely to trigger a chain liquidation.
But it is precisely because of this that the main force is more inclined to keep the price compressed and repeatedly grind in the middle.
It's neither right to chase nor to copy.
So this range now essentially is:
👉 The main force's slaughter corridor.
Second, why does the price stay flat, but you feel increasingly uncomfortable?
Because this is not natural sideways movement; it is artificially compressed volatility.
You will notice several phenomena occurring simultaneously:
Price does not break.
Emotions are becoming increasingly restless.
Contracts are repeatedly being washed.
Spot hasn't run, but contracts are dying.
What does this indicate?
👉 The funds haven't left; they just switched to a strategy of 'only harvesting, not expressing'.
Third, on-chain is not inactive; it is quietly 'moving ammunition'.
If you only look at the K-line, you would think everything is very calm.
But there has been a noticeable chip distribution on-chain:
Market maker level addresses are transferring BTC.
Large institutional related addresses are trading against each other, transferring.
It's not a crash; it's 'position preparation'.
This kind of action usually only occurs in one situation:
👉 Before a big fluctuation.
It's not coming immediately; it's first to move the ammunition.
Fourth, why is BTC actually 'not dying' in this environment?
Look at today's environment together:
The Federal Reserve has already started to secretly inject liquidity.
Stablecoins have been officially included in credit ratings.
Traditional finance despises BTC on the surface, but hands over the ETF channel.
Crypto stocks are falling, but BTC is not out of control.
What does this indicate?
👉 BTC has already been treated as a 'system-level asset'.
It is not responsible for raising prices.
Its responsibility is — it cannot collapse.
Fifth, which type of person is most likely to fail now?
I'll be straightforward:
Frequently opening and closing contracts around 90,000.
Guessing without direction.
Treating sideways movement as a safe zone.
This position is not for you to make money; it is for the main force to clear positions.
Sixth, I only have one sentence about BTC.
👉 BTC is not in a phase of directional choice; it is in the 'clearing stage'.
If it really wants to go up, it must break through 94,700 and eliminate the short positions.
If it really wants to go down, it will definitely crash directly towards 86,000, creating panic.
Before this,
All the long and short positions in the middle are chips fed to the main force.
💬
Which valve do you think BTC will step on first?
You are now holding spot without moving.
Or has it already been pulled back and forth in this range several times?
Let's be honest in the comments section.$BTC
