BTC has been consolidating for almost two months. A few days ago, it tested the 95K level again, then pulled back but still held the 90K support level. This trend is interesting—if institutions really wanted to dump the market, they would have broken through the support earlier based on past patterns. Now, this stance actually seems more confident. Many bears are looking for the last escape window, and staying calm is the most important thing at this moment. From a technical perspective, this pattern of repeatedly testing highs and holding lows often indicates a buildup before a major move.
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BTCRetirementFund
· 01-12 07:02
Holding at 90K is a signal to us; instead of selling off, institutions are supporting the market. How high can this accumulated momentum explode?
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BlockchainBard
· 01-12 06:54
90K holds steady, meaning institutions didn't dump the market.
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PessimisticOracle
· 01-12 06:50
It's been holding at 90K for so long without breaking through. To be honest, it's a bit strange... If institutions really wanted to dump, they would have done it already. Right now, the current momentum definitely feels like they're gathering strength.
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PermabullPete
· 01-12 06:42
90K is firmly held, this wave the institutions have no intention of smashing at all.
BTC has been consolidating for almost two months. A few days ago, it tested the 95K level again, then pulled back but still held the 90K support level. This trend is interesting—if institutions really wanted to dump the market, they would have broken through the support earlier based on past patterns. Now, this stance actually seems more confident. Many bears are looking for the last escape window, and staying calm is the most important thing at this moment. From a technical perspective, this pattern of repeatedly testing highs and holding lows often indicates a buildup before a major move.