According to @KobeissiLetter, Bitcoin (BTC) fell below $90,000 alongside approximately $450 million in leveraged long liquidations over the past 24 hours (source: @KobeissiLetter, Jan 8, 2026). For trading risk management, short-term participants may reduce leverage and monitor liquidation flow given the reported long wipeouts (implication based on the reported figures; source: @KobeissiLetter). The $90,000 level cited is a key threshold that traders can watch for potential momentum shifts following the reported breakdown (level referenced by the source; source: @KobeissiLetter).