Takeoff

#密码资产动态追踪 January 8 Evening BTC Market Analysis

The recent market sentiment has been a bit tense. In the afternoon, BTC surged with high volume, breaking through $90,000, and the active sell orders piled up to a new high since December 23, indicating that profit-taking is accelerating.

Interestingly, institutions are still bullish — Bernstein maintains a target of $150,000 by 2026, but technically, the market is breaking down. Macro data (especially unemployment claims) has become the biggest disruptive factor in the past two days. The opposition between bulls and bears is now firmly stuck here.

From a technical perspective, the $90,000 level should have been support long ago, but now it has become resistance. Below, $89,500 is the dividing line between strength and weakness today — either a correction occurs, or the market rebounds, and this level will determine the outcome.

The daily bearish structure has not changed yet. The rebound lacks volume support and feels quite difficult. This looks more like a normal technical correction after a wave of New Year gains. Tonight, the market is likely to oscillate repeatedly at low levels, so don’t expect any reversal.

**Trading idea**: If the rebound reaches the $90,800–$91,000 zone without a breakout, consider a small short position, targeting $90,000 or even $89,600. But before breaking and holding above $91,200 with volume, don’t rush to buy the dip — it’s easy to get caught in a weak correction. Strictly control your position size and set stop-loss orders.

$BTC $ETH also faces pressure; keep an eye on the macro data for future impacts.