2026-01-08 22:22:00

$BTC The market now is like a tightly wound spring—appearing calm on the surface but with underlying currents surging.

Recent developments are quite interesting—spot ETF inflows keep coming in, yet Bitcoin's price is oscillating and even showing signs of a pullback. Don't think it's a lack of demand; in reality, it's being absorbed by mechanical hedging. This is like putting a "lid" on the market, suppressing volatility.

In the short term, both bulls and bears are engaged in fierce battles. Policy moves from the Federal Reserve could impact liquidity, forcing many long positions to exit. But this process is actually doing one thing—shifting chips from the weak hands to the strong hands. Volatility hasn't disappeared; it's just temporarily locked.

Once a key resistance level is broken, Bitcoin's price re-evaluation will happen quickly. There are also macro factors favoring the market, such as low oil prices supporting credit expansion, which could further fuel the bull market.

From a long-term perspective, institutional interest in cryptocurrencies may be somewhat dispersed, but Bitcoin's status as digital gold remains rock solid, with huge potential still ahead.

🎯 **Technical overview:**
Current: 91026.4 USDT
Support: 89588.1 (close at hand, consider positioning)
Support zone: 89242.0 - 89588.1
Resistance: 92249.3 (right in front, be cautious)
Resistance zone: 91425.1 - 92928.0

💡 **The idea is this:** Near the support level, you can go long; if it breaks support, stop-loss. Simple and straightforward, but effective.

BTC0,08%

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DegenRecoveryGroup

· 01-09 11:25

When the spring is tense, it must be released. Isn't this just accumulating strength now? @89588@ give it a push and it will surge. Institutions are eating up the chips; following along with them is the right move. The cover for hedging won't last long; a breakout means takeoff. Let's wait and see. Expanding credit at low oil prices? The bull market story is getting more and more smooth. Just want to ask, do you think this wave can break 92,300? Chips are shifting from weak hands to strong hands. In simple terms, it's just a shakeout; after the shakeout, it will fly. Believing in Bitcoin's position as digital gold is the right choice; there's no mistake in the long term.

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RunWithRugs

· 01-08 22:49

The spring tension has been held for so long that it will eventually snap; the key is that we need to seize that moment. Let's wait until we break through; right now, the market is like squeezing toothpaste. Both hedging and liquidity are involved; in plain terms, it's just chips being shaken out, I'm used to it. 89588 is really a good entry point; I've already been lurking there. Most institutional and retail investors have been cut already; who will be next this time, haha. I actually agree that low oil prices boost the bull market; we need to keep an eye on macro trends. If 92249 breaks, it will be interesting; then we can just watch the show. Does anyone still believe in the positioning of digital gold now? I really don't. Buying near support based on this logic, I've heard it too many times; the key is whether your psychological resilience can keep up. Those who bought out of spite must be feeling pretty uncomfortable now.

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CoffeeNFTrader

· 01-08 22:49

Tightening springs, that's right, feels like it's about to explode at any moment --- Hedging skills are top-notch, no wonder the price just won't move --- The real celebration is at the moment of breaking through, can't wait --- At the key level of 89588, stay alert --- Low oil prices plus credit expansion, the bull market is laying the groundwork --- Strong hands are consolidating their chips, retail investors should be cautious --- I'm just worried the Federal Reserve will cause trouble again, when that happens, liquidity shrinking will really hurt --- Resistance level at 92249, respect the technical analysis --- This move, honestly, is just the rich doing a shakeout --- I like simple and straightforward trading logic, no complicated tricks

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LiquidationWizard

· 01-08 22:46

A tense spring sounds nice, but actually it just hasn't decided where to run yet. Institutions are buying spot ETFs, retail investors are just guessing here for fun, and the blame for hedging is really unfair... Alright, let's wait until a breakdown to see what happens. There is indeed a chance at the support level, but I can't bet whether the move will happen above or below first.

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ZenZKPlayer

· 01-08 22:25

A tense spring will eventually loosen, the key is not to get hit. --- Spot ETF is aggressively accumulating positions, but the price just won't move. I've seen this trick too many times. --- Breaking through 92249 should lead to a surge, but I feel like I need to hold back a bit longer. --- Is low oil price good news? That logic is a bit far-fetched; we still have to see the Federal Reserve's stance. --- Simple and brutal strategies are indeed effective, just worried about mental breakdown during execution. --- Institutional enthusiasm dispersal and such, honestly, just waiting for a cheaper price. --- Can the critical support at 89588 really hold? I doubt it. --- The shift from weak hands to strong hands—sounds good, but actually just a shakeout. --- Volatility is locked in? No, that's called accumulation; I bet it breaks next week. --- The status of digital gold is solid, but it’s really exciting when it rises and truly painful when it falls.

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