Policy expectation shift triggers market surge, Bitcoin approaches the $90,000 mark

LiquiditySurfer · 2026-01-22T08:40:12+00:00

Recent global political changes have impacted the crypto market, with Bitcoin breaking through $90,000 and Ethereum surpassing $3,000. Traditional finance has also benefited. However, market volatility has intensified, with a $6.06 billion liquidation wave, reminding investors to exercise caution regarding risks.

LiquiditySurfer

2026-01-22 08:40:12

Abstract generation in progress

【Crypto World】Recently, subtle shifts in the global political landscape are profoundly impacting the crypto market. After a senior government official issued signals favorable to the development of digital assets, investors’ risk appetite surged sharply.

Digital assets are at the forefront. Bitcoin soared all the way up, approaching the $90,000 mark. Ethereum performed even more aggressively, directly breaking through $3,000. Traditional finance also strengthened simultaneously—U.S. stocks benefited as well, with the Dow Jones Industrial Average soaring by 588 points. In contrast, gold, a traditional safe-haven asset, experienced a pullback.

The core logic of this rally is actually quite clear: optimistic policy expectations have completely reversed market sentiment. Previous geopolitical concerns have dissipated, and investors quickly shifted from a conservative stance to an aggressive mode, igniting the entire market’s risk appetite.

However, the booming market also brought volatility. In just one day, the crypto market experienced a liquidation wave of $6.06 billion. Interestingly, the liquidation amounts of long and short positions were almost evenly split, each accounting for half, indicating that both sides were forced to close positions during this wave of volatility. This also reminds us that even the largest gains carry inherent risks.

BTC-0,81%

ETH-3,15%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
9
Repost
Share

Comment

0/400

DegenMcsleepless

· 8m ago

The policy shift is so crazy, what are we waiting for at $90,000? --- $90,000 is within reach, this time it’s really going to break through, not a dream. --- $600 million in liquidation, and someone got chased out again, haha. --- Gold has become timid; now it’s the crypto circle’s turn to take the lead. --- Policy direction is so crucial, why didn’t I see any signals? --- Ethereum broke through $3,000, it’s really awesome. --- $600 million in liquidation in one day, it seems some people still couldn’t hold on. --- The US stock market has been driven higher; the crypto market is the real leader. --- $90,000, it feels like this time it’s really going to break. --- From avoidance to offense, this change in mindset is truly remarkable.

View OriginalReply0

ChainMemeDealer

· 12h ago

90,000 is nothing, I've already fully committed my position haha --- Once the policy shifted, it directly ignited the entire market. This wave was really worth the wait --- The liquidation wave is here again, it's time for the leek harvest --- A drop in gold is the real big deal; funds are really flowing into the crypto space --- Once Ethereum breaks 3k, I knew this wave wouldn't be simple --- Wait a minute, this liquidation wave is a bit fierce, 600 million dollars... --- From a safe haven to an attack, it's truly stimulating. My heart can't take it --- Fortunately, I didn't leverage, who can withstand this volatility? --- The phrase "risk appetite is ignited" sounds nice, but it's actually the awakening of gambler mentality --- The US stock market is rising along with it, indicating that big funds are really coming in --- When policies change, chaos ensues. We still need to watch the follow-up

View OriginalReply0

DeFiDoctor

· 12h ago

Wait, $600 million settled within a day? We need to see which leading projects' liquidity indicators are problematic... Policy expectation reversals can indeed ignite the market, but the leverage ratio behind this wave of gains needs to be regularly reviewed; otherwise, a liquidation wave will inevitably happen again.

View OriginalReply0

CryptoNomics

· 12h ago

nah this "policy shift" narrative is just cope for retail fomo tbh. run a simple granger causality test on the data and you'll see the correlation breaks down within hours. classic market inefficiency everyone's too busy chasing 90k to notice.

Reply0

failed_dev_successful_ape

· 12h ago

90,000 at this price level, always feels like a threshold, should I go for it? The policy suddenly turns completely green, this is the market, truly. Clearing 600 million directly, another day of harvesting the leek. Ethereum breaking 3k is a bit aggressive, but it feels like a correction is coming. Gold plunging indicates that money has really flowed into cryptocurrencies.

View OriginalReply0

SchroedingerAirdrop

· 12h ago

$90,000, is it really coming? Why do I still feel a bit anxious The policy shifts and immediately surges, retail investors are probably going to be caught again... $600 million liquidation, this wave of retail investors got slaughtered really badly I believe Ethereum will break $3000, Bitcoin at this level feels a bit unstable Seeing it rise makes me want to sell, this mentality is hopeless The Dow Jones also rises, it feels like a game of policy easing Gold drops, and I feel relieved; funds are indeed fleeing So much liquidation in one day, it shows that the bulls are also unstable Is $90,000 a trap or a real breakthrough? That’s the real question

View OriginalReply0

GateUser-cff9c776

· 12h ago

Schrödinger's bull market, a single policy statement, and $600 million can be liquidated instantly—that's the democratic spirit of Web3. [Dog Head]

View OriginalReply0

GateUser-40edb63b

· 12h ago

Policy shift, and the celebration begins immediately. Whether we can hold steady at 90,000 this time is the key. --- A $600 million liquidation wave, someone is going to get wiped out again. The risk is truly extreme. --- Gold's correction makes me more optimistic about the subsequent market. It feels like this is just the beginning. --- Ethereum breaking through 3000 is incredibly smooth. It seems like Bitcoin is actually a bit of a drag. --- Policy dividends really change the fate. Just a few days ago, I was worried, but now I’m flying high. --- This time is different. Having national policy backing is more reassuring, unlike before when it felt less solid. --- Breaking through 90,000, just go with the flow. Don’t rush to chase the high and get caught.

View OriginalReply0

Nomiminhas