Further decline? BTC returns to 97,000 euros, if it breaks 93,000, there will be over 1.1 billion euros in liquidation

After a sharp drop earlier this week, BTC has been oscillating for the past three days, hovering around $96,000. This morning it briefly returned to the $97,000 mark. It should be noted that if BTC falls below $93,000, it will trigger a major liquidation event and cause Close Position of longs worth over $1.1 billion on all Cryptocurrency exchanges. (Background: BTC's choice after the big Whipsaw: potential track + investment strategy analysis) This month, with the frequent tariff threats from US President Trump, the Cryptocurrency market sentiment has been affected. After BTC fell below the $100,000 mark on the 7th, it has been oscillating between $95,000 and $97,000 for the past three days. This morning it briefly returned to $97,000 and is now reporting $96,849, up 0.4% in the past 24 hours. The price of BTC coin. Source: coin安 On the other hand, Ethereum (ETH) has been oscillating above $2,600 since it dropped from nearly $2,800 to a low of $2,562 on the 7th. It is now reporting $2,642, up 0.16% in the past 24 hours. Ethereum coin price performance. Source: coin安 Mainstream Tokens generally rose slightly CoinMarketCap data shows that Mainstream Tokens generally rose slightly today, with SOL rising the most, up 4.5% to $201.92, SUI up 4.3%, XRP up 1.73%, DOGE up 2.55%, TRX up 0.97%, LINK up 0.45%, and AVAX up 0.81%. Mainstream Token coin price performance. Source: CoinMarketCap Over $100 million in Get Liquidated across the network According to Coinglass data, in the past 24 hours, the total amount of Get Liquidated in the Cryptocurrency network has exceeded $103 million, of which longs account for $44.15 million and shorts account for $59.57 billion. More than 75,000 people have been liquidated, but the amount of Get Liquidated has returned to normal, significantly lower than the over $2 billion in Get Liquidated when it fell sharply on the 3rd. Cryptocurrency network Get Liquidated amount. Source: Coinglass It should be noted that as market sentiment is being impacted by global trade war concerns, Coinglass data shows that if BTC falls below $93,000, it will trigger a major liquidation event, causing Close Position of longs worth over $1.1 billion on all Cryptocurrency exchanges. Cryptocurrency exchange liquidation map. Source: Coinglass Related reports: Nobel Prize winner in economics slams BTC: zero within 10 years, TradFi don't touch it in case of being dragged down; Polish Central Bank: never accept BTC into national reserves, BTC volatility is too high, hiding huge uncontrollable risks; Analyst: It will take at least two months for BTC to recover after the big Whipsaw, don't expect a V-shaped Rebound. (Continued decline? BTC returns to $97,000, if it breaks below $93,000, there will be a liquidation worth more than $1.1 billion) This article was first published on BlockTempo, the most influential blockchain news media on the move.