2026-01-20 03:21:00

#美国核心物价涨幅不及市场预估 Recently, I noticed an interesting phenomenon — $BTC the sentiment index is on a roller coaster.

A few days ago (January 13-15), when the price surged to $97,000, the market sentiment index shot up to 80%, indicating an extremely bullish sentiment. As a result, today it suddenly dropped to 44.9%, falling below the 50% neutral line. What's behind this? Single-hour forced liquidations exceeded $205 million, and the spot oscillation indicator soared to +97.96% — in plain terms, the bulls are being forced to liquidate.

This situation actually indicates one thing: the market is overheated. The forced liquidations are intense but mostly involuntary, not deliberate sell-offs. So this is a typical "leverage liquidation self-rescue" pattern — the longs can't hold on, and the capital chain automatically clears.

The key is to watch whether the forced liquidation volume continues to decline in the next few hours. If it gradually decreases, it suggests that the deleveraging wave is almost over, and the market might be able to breathe a sigh of relief. Conversely, if the sentiment index can rebound above 50% and stabilize, that would be a true sign of a turnaround.

This "advanced sentiment index" is actually a comprehensive metric that combines trading volume, net active trading, open interest, and long-short differentials. Falling below the neutral line means the market structure is changing, so caution is advised.

BTC-1,52%

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BearMarketMonk

· 01-20 03:48

Another round of bullish self-redemption, at its core, is a race against life and death driven by leverage. Falling from 80% to 44.9%, isn't this just history repeating itself—every bubble burst looks like this. The forced liquidation volume of 2.05 billion sounds large, but in reality, it's the market automatically correcting its madness. The true bottom logic won't be so abrupt; it will take time to endure. Seeing the sentiment index break below the neutral line is frightening, but for those who have survived several cycles—it's just another validation of survival rules. The key is whether the subsequent forced liquidations can stabilize and decline smoothly—that's the real signal that the market is recovering. Breaking below 50% isn't scary; what's scary is people forgetting why it fell below.

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BankruptcyArtist

· 01-20 03:47

This wave of leverage liquidations was really fierce; 200 million USD just disappeared like that.

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GasFeeNightmare

· 01-20 03:31

80% to 44.9%, this roller coaster ride is truly exciting, and the bulls have been wiped out completely.

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BearMarketSurvivor

· 01-20 03:27

It's the same pattern again. Only after the forced liquidation stops will there be a chance to rebound; otherwise, you'll have to keep taking the hits.

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AirdropHunter420

· 01-20 03:23

Leverage liquidation self-rescue... Looks like I have to wait until the pile of dead bodies accumulates before it can rebound.

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