Around 11:30 PM Taipei time, BTC broke through $100,000 on the Binance spot market, reaching a high of $100,650 before the article's deadline. According to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours was $500 million, with short positions accounting for approximately $410 million, over 80%. Driven by market optimism and spot buying, the BTC long-short ratio remained above 1.2, indicating bullish market dominance.
This price breakthrough was influenced by expected U.S. policies and institutional capital inflows. Community analysts noted that if the price stabilizes above $100,000, the next target could be $110,000. However, if it falls below $98,000, the potential liquidation intensity of accumulated long positions on major exchanges could reach $550 million, and investors should be cautious about volatility risks.
