2026-01-20 02:31:17

From the trading volume data, the recent turnover rate has clearly increased. Combined with the distribution of holdings, institutional investors in Asia are turning cautious towards risk assets, showing signs of reducing their positions. However, it is worth noting that the current selling activity is mainly driven by short-term traders, with selling pressure primarily concentrated around the $95,000 cost zone. Selling pressure at other price levels can be relatively ignored.

From the current chip structure, it still appears relatively normal, with no signs of panic selling. Most investors remain fairly stable in their mindset, but the situation after the US stock market opens could change, and a new wave of selling may occur at any time.

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RugPullProphet

· 2h ago

95000 this threshold is really tough to handle. Short-term traders are holding on tight there. Once the US stock market opens, it’s probably going to be another round of turbulence. Just waiting to watch the show. Asian institutions are a bit timid in this wave of reducing positions. Why does it feel like the wind is so tight? The chip structure hasn't collapsed, which means it's not yet a time of despair. But I bet five bucks that on Monday there will definitely be some moves. This time, it’s either a sell-off or slow bleeding. Let’s see who gets hit first.

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RatioHunter

· 11h ago

The 95,000 level is indeed interesting; short-term players are gathering here. Are Asian institutions really fleeing, or are they just adjusting their positions? Once the US stock market opens, anything can happen. Just waiting to see the show. The chips are still stable, but this "could happen at any time" makes me a bit nervous. If the turnover rate is genuinely high, we'll just have to see whether it's distribution or a shakeout.

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AirdropHunterXM

· 11h ago

95000 is indeed a tough hurdle. Short-term fluctuations are happening there. Have Asian big institutions chickened out? I just want to see who will crash first after the US stock market opens. A stable chip structure is stable, but I still don't dare to add positions. Always talking about a potential sell-off wave—when will it actually happen? The signs of institutions reducing their positions are already showing, and it looks like the upcoming test will be on psychological resilience.

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LayerZeroHero

· 11h ago

95000 this level确实有点膈应人，短线客在那儿扎堆真的很烦机构减仓我早就感受到了，亚洲这边确实谨慎了不少不恐慌就好，就怕美股一开就崩筹码结构稳定个什么劲儿，等美股开市再说吧换手率走高本来就是信号，短期还得震荡说稳定呢，随时又来一波砸盘，这套路我见过有点虎头蛇尾的感觉啊，现在都是虚晃一枪美股还没开呢，别说得太满，防不胜防现阶段就是等美股反应，其他都是浮云短线客真的烦人，就知道砸盘机构减仓谨慎很正常，问题是咱们散户要跟着躲吗心态稳定？那是还没到关键时刻呢 95000破不了就还行，一旦砸穿就完蛋这次不会像上次那样直接崩吧，看着呢

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MevShadowranger

· 11h ago

95000 is indeed trapping quite a few people, short-term traders are just harvesting profits. I'm not too worried about institutions reducing their positions, I'm just afraid that the US stock market will plunge as soon as it opens. What does stable chip structure matter? Once the Federal Reserve news comes out, it's all useless. Why panic among Asian institutions? We're not panicking yet. Sounds good, but isn't it just waiting for the US stocks to follow through with a crash? A stable mindset? Just look at the trading volume, those who should have already run have already run. Short-term selling by traders is just the appetizer; the real slaughter is yet to come. If 95000 can't be broken, then this round of adjustment will be over. If the chip structure is normal, then just wait and see the US stock market's performance.

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BoredRiceBall

· 11h ago

95000 is indeed a tough level, but it's not the time to panic yet. Are Asian institutions starting to back down? The real focus is after the US stock market opens. Is the chip structure stable? I don't believe it; you'll know as soon as the US market opens. Short-term traders are selling off, what are long-term holders waiting for? Sounds nice, but they're actually waiting for the US stocks to dump. Staying calm? That's before the market opens. Selling pressure is concentrated at 95000, so just hold steady here.

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GasFeeTears

· 12h ago

The 95,000 level is indeed a significant barrier, but it's normal for short-term traders to dump their positions. The real panic hasn't arrived yet. Asian institutions have pulled back, but the chip structure remains intact, indicating that we can still hold. Let's see how the US stock market opens. I'm a bit worried about the increasing turnover rate; it feels like a wave might be coming. Are you still holding on? This wave of selling is somewhat scattered, with no signs of concentrated dumping. Instead, it seems like someone is controlling the rhythm. The biggest fear is that a piece of bad news from the US stock market could trigger an explosion. The current stability might just be the calm before the storm. The normal chip structure sounds reassuring, but I always feel this is just the beginning of the calm, not the end... Short-term traders are really fragile; as soon as there's a slight movement, they run. This time is no exception.

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