I recently came across some interesting data: Bitcoin has a massive amount of liquidation orders stacked at the 91,000 and 93,000 USD levels. If it drops below 91,000, long liquidations surge to 508 million; conversely, if it rises above 93,000, short liquidations reach 256 million. This is no small matter; it's clear that the market has set these levels as checkpoints.

As a long-term trader, I’ve analyzed the logic by combining on-chain movements and the latest news. From the on-chain perspective, large addresses have been quietly accumulating recently, with exchange outflows continuing for three days. This indicates that genuine funds are actively positioning, not just bluffing. The news side is also positive—interest in Bitcoin ETFs is steadily increasing, and institutional investors are clearly showing signs of movement.

My judgment is that Bitcoin is highly likely to break through the 93,000 level. Why do I say that? The key factor is the 256 million USD in short liquidations. Once this level is breached, it will trigger a chain reaction of liquidations, instantly exploding liquidity, and the price will naturally push upward. Historically, once such critical support levels are broken, a rapid upward move usually follows.

Currently, the situation is stable, with no negative news and data supporting the bulls—this combination, based on my experience, typically signals an imminent breakout. If you’re still on the sidelines, you should pay attention to the rhythm at this point and avoid being shaken out by intermediate fluctuations.

How do you view this market? Feel free to share your opinions in the comments.