2026-01-22 13:00:25

Bitcoin's current position is indeed somewhat awkward. The key resistance above is 98,000, and the support below is 81,000, but it is stuck in the middle, oscillating within a range. Recently, a rebound attempt tried to break through the 90,500 resistance level but failed to do so, which seems to give the technical bears some advantage.

On the market news front, U.S. policy developments do have an impact on the trend, but based on the recent rebound magnitude, these news-driven rallies are quite limited. From the reversal signal to now, the rebound is still quite a distance from the previous low of 94,500, indicating that the buying momentum is not yet strong enough.

Currently, mainstream coins like Ethereum and SOL are also following Bitcoin's rhythm. It is more prudent to continue observing the range-bound movement in the short term, waiting for clearer directional signals to appear would be safer.

BTC-0.03%

ETH-1.22%

SOL-1.03%

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GasFeeCrier

· 11h ago

Stuck in the middle is really frustrating, 90500 just can't get past it, watching it makes me anxious --- Is the buying pressure this weak? Do we still have to wait for the Federal Reserve to rescue the market? --- The rebound strength is so weak, I think the bears are going to win --- SOL is swinging along with Bitcoin, this rhythm is really boring --- Can 81000 hold? That's the real question --- 98000 seems far away, better to just watch the range honestly --- No, why is the news so weak? Can't get any upward momentum --- This 90500 barrier just can't be broken through, it's exhausting --- Wait and see? That would be until the Year of the Monkey or Horse

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WalletWhisperer

· 11h ago

Stuck in the middle and just can't get through, feeling a bit suffocated. --- The 90500 hurdle is unbreakable; the air force probably can't stop laughing. --- Buying pressure is so weak, and the rebound strength is so poor, no wonder we're still far away. --- Instead of messing around blindly, it's better to just lie flat and observe. Anyway, no need to move until the direction is clear. --- Mainstream coins following the Bitcoin trend, feeling like they don't have much idea. This market is really boring. --- I agree that the limited gains driven by news are just a feint.

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AirdropLicker

· 11h ago

This level at 90500 really can't be pushed through, feels like the bears are a bit fierce.

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FancyResearchLab

· 11h ago

Another useless innovation. Theoretically, it should break through 90,500, but it still locked itself in the range. Luban No.7 is under construction again.

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TradFiRefugee