2026-01-10 15:24:36

January 10th, Bitcoin entered a stalemate. Throughout the trading day, the price repeatedly tested around $90,500, surged to a high of $91,9991, then pulled back, with the lowest reaching $89,800. The overall 24-hour decline was only 0.67%. To be honest, the market sentiment is a bit cautious. In the past three days, ETF funds have continued to flow out, and the previously accumulated optimism has also dissipated quite a bit.

From a technical perspective, bulls and bears are repeatedly tugging between the resistance level at $92,000 and the support level at $89,000. In simple terms, neither side has been able to break through the other's pattern. Although non-farm payroll data was released, it didn't give the market a sense of reassurance. Instead, due to the delay in rate cut expectations, there is a lack of factors that can truly catalyze a trend in the short term.

Under these circumstances, BTC is likely to continue consolidating within this range. To see a truly directional trend, we may need to wait for more clear macro signals.

BTC0.38%

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CryptoDouble-O-Seven

· 6h ago

Good grief, it's another tug-of-war. It's been really annoying to watch these days. ETF withdrawals? Ha, someone probably needs to cut their losses. Grinding at the bottom, just grind away. Anyway, I'm not in a hurry, I'll patiently wait for signals. Honestly, everyone entering now is just gambling. If 92,000 can't be broken, and 89,000 can hold, being stuck in the middle is so uncomfortable. The delay in interest rate cuts was a brilliant move; the market has basically collapsed.

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BitcoinDaddy

· 01-10 15:54

Still messing around around the 90,000 level, really getting boring ETFs are funding it, this pace feels a bit off Grinding the bottom, grinding the bottom, just not sure when it will start to show some pattern

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rug_connoisseur

· 01-10 15:46

ETF bleeding has started again, it's only been a few days... It feels like big players are slowly cutting their losses. Just grind it out, anyway I can wait, just don't keep fooling me with interest rate cuts, okay? If 92k doesn't break through and 89k can't hold, this stalemate is really intense... Can someone give me some real news? It's another wait for macro signals, and every time it's the same story, I can't rely on it. Without a short-term catalyst, I'll just hold steady. Anyway, I'm just lying flat with spot holdings.

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ForkLibertarian

· 01-10 15:44

Again bouncing around near 91,000, really getting tired of waiting When will the bottom be in? Just want to see a clear direction ETF outflows are so fierce, it shows that even big players can't decide The rate cut catalyst was directly broken after the announcement, now we have to wait for macro signals to save the market This tug-of-war in this range is a bit boring, when will it break through?

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GasBandit

· 01-10 15:35

Just bottoming out, no rush anyway, just treat it as a regular investment. --- ETF bleeding again? This rhythm feels a bit familiar, always messing around like this. --- It’s really annoying that 92k can’t break through; feels like it needs to stay sideways for a while. --- Macro signals? What are we waiting for, it always feels like waiting for the next positive news. --- I’m too lazy to watch the market with a 0.67% drop; this is the holiday rhythm. --- 89k support level must hold; if it breaks again, I’ll need to adjust my mindset.

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NFT_Therapy

· 01-10 15:32

Stalemate is a stalemate, anyway I’m not in a hurry. Let the ETF withdrawals happen, and we’ll talk when the real opportunity comes. --- Grinding sideways and waiting for signals, I’m tired of hearing it. Why not just bet it all? --- I knew 92k wouldn’t break through long ago; this level is completely rotten. --- Capital outflows are actually a good thing, indicating that retail investors have already cut their losses. What will happen next? --- To be honest, everyone entering now has a gambler’s mentality. --- Non-farm payrolls are useless? Then what are we waiting for? We’ve been waiting so long that even the flowers have withered. --- The 89-92 range is so damn boring, when will it break out? --- Is the continuous ETF outflow a sign of clearing the market? Something doesn’t feel right. --- Be cautious, so you don’t get trapped. Anyway, I’m just watching.

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MerkleMaid

· 01-10 15:29

Starting to bottom out again, honestly this wave of market movement is a bit exhausting, constantly rubbing within this range. The signal that ETF is putting in money is a bit uncomfortable, it feels like large funds are still on the sidelines. Just waiting for macro signals to break the deadlock, otherwise we’ll really be wasting time here.

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