According to on-chain analysts' observations, Bitcoin may face short-term upward pressure in January — liquidity is forming a local bottom, which often catalyzes a rebound rally.



However, it is important to note that when viewed over a longer time frame, the overall on-chain activity still reveals signals of a macro cycle that is relatively weak. This means that even if there are short-term upward opportunities recently, caution should be exercised regarding macro-level pressure factors.

Overall, this is a typical "local optimism, overall caution" situation — short-term liquidity improvements may push prices higher, but longer-term on-chain data still requires further recovery.
BTC-0,75%
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Liquidated_Larryvip
· 01-08 06:32
A short-term rebound is just a rebound. I'm still more concerned about macro data... On-chain activity is so weak that any rebound will probably be just a fleeting moment.
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IronHeadMinervip
· 01-06 22:36
The short-term rebound opportunity looks good, but the macro environment still hasn't improved. We need to keep an eye on this wave.
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PumpAnalystvip
· 01-05 23:53
Local bottom? Bro, I've heard this term so many times. Every time they say it's the bottom, but then it crashes right after. Still, macro data is what really matters.
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DeadTrades_Walkingvip
· 01-05 23:48
Local bottom again and again, so tiring... Basically, after the rebound, it still has to fall.
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