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January 10th, Bitcoin is still hovering around the $91,000 mark, repeatedly testing this level. Both bulls and bears seem a bit cautious—after all, the non-farm payroll data has not been released yet, and no one dares to be too aggressive. Trading volume has noticeably shrunk, which also reflects the market's wait-and-see attitude towards macroeconomic data.
Looking back, the market has fallen from the high of $94,000, driven by continuous outflows of ETE funds. This directly dampened bullish sentiment, and the momentum of the bulls is indeed weakening. From a technical perspective, the $90,000 to $91,000 range now acts like a line of defense; whether it can hold depends on how the market develops next.
In the short term, it is likely to continue oscillating at high levels. But be cautious—once it breaks through or falls below this key range, the direction will become clear. Assets like BTC, ETH, and BNB need to closely monitor policy developments and macroeconomic data changes.