2026-01-08 22:21:49

This morning, Bitcoin experienced another sharp decline. BTCUSDT dropped below $93,000, with a daily decline of nearly 2.7%. However, this dip is somewhat interesting — trading volume did not increase accordingly, but instead appeared somewhat sluggish. The open interest in perpetual contracts is also decreasing, indicating that many leveraged funds are pulling back and the overall sentiment is quite cautious.

From another perspective, there is a positive factor supporting the market: ETF inflows have been steadily increasing, providing some support at the bottom. The $90,600 to $92,000 range has become a key battleground where bulls and bears are contesting.

In the short term, there is still a probability of a rebound. But whether it can truly stabilize depends on whether trading volume can pick up and the actual development direction moving forward. Overall, the outlook remains somewhat optimistic, as the fundamental support is still in place.

BTC0.27%

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SighingCashier

· 01-10 11:56

Falling again but afraid to fall, this is awkward Leverage brothers have all run away, and we spot traders are actually relieved Wait, can this ETF really hold the bottom this time? It feels a bit uncertain Volume isn't matching up, no matter how optimistic, it's pointless. Just watch If 93,000 breaks, it can rebound. Why do I just find it so hard to believe?

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PumpDoctrine

· 01-08 22:50

Falling again? But with such sluggish volume, it doesn't seem like it can really make any moves. --- ETFs are quietly accumulating, which is the real reassurance. --- Breaking 93,000 is no big deal; the real support zone is between 90,600 and 92,000. The bulls and bears are just fighting it out here. --- Honestly, it all depends on whether someone dares to really take the plunge later. You can't rely on fundamentals to fool people for long. --- With such weak trading volume, even the most optimistic technicals are useless. It's just a false appearance. --- Leverage funds have all exited; instead, institutions are steadily accumulating. This rhythm is quite interesting. --- They promised a rally upward, but only if the volume truly picks up; otherwise, it’s just a false breakout.

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NFTBlackHole

· 01-08 22:42

Don't expect a rebound if the trading volume doesn't follow up; we've seen this trick too many times.

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LiquidationTherapist

· 01-08 22:40

Trading volume is indeed a bit sluggish, leverage buddies are all scared now. --- ETF buyers are still quietly accumulating; this is the real reliable support. --- If 93,000 breaks, so be it. Anyway, 91k hasn't been lost, and the bulls might still have a chance to rescue. --- It's really about trading volume determining life or death; without volume, everything is pointless. --- As long as the bottom support is still there, it's still support. Talking so much is less useful than waiting for volume. --- No volume during the decline? That's called a weak decline; just turn around and rally. --- A 2.7% drop in one day, honestly, it's not too bad; I've seen worse. --- The key is the follow-up? The follow-up of the follow-up is the real follow-up. This phrase is getting annoying. --- ETF is accumulating; the bulls still have hope. Keep holding on.

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AirdropJunkie

· 01-08 22:26

Falling again but not daring to fall, this rhythm is really amusing --- ETF is quietly bottoming out, even the leveraged players are scared --- Trading volume isn't keeping up, all this rise is pointless --- Fight between 90,600-92,000, let's see who blinks first --- Feels like this wave is just testing the bottom, the real show is still to come --- Volume can't pick up, even optimism is just talk on paper --- Leverage funds are pulling back, but institutions are secretly eating, this contrast... --- Why is no one following the drop below 93,000? It's too strange --- The fundamentals are supporting it, right? Then wait for the volume to come before speaking --- The current situation is a bit like gathering strength, not really giving up

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