2026-01-06 13:30:51

The parabolic trend of Bitcoin has shown signs of a breakdown. After a retracement of over 30% from the all-time high of $138,000, we are facing a typical technical reversal — there may be some rebound opportunities in the short term, but the medium-term downward pressure is gradually building.

Historically, similar patterns often trigger deep retracements. The subtlety in the current market is that ETF fund inflows have significantly cooled down, and leverage trading is also retreating. Both signals point in the same direction: market sentiment is cooling.

From a technical standpoint, whether the rebound can stabilize in the $95,000 to $96,000 range is crucial. The most ideal scenario is to see volume increase in this range. However, a more significant resistance level appears between $98,000 and $102,000, making a breakout in this zone quite challenging. If BTC falls below $90,000, the $80,000 range below will become a new support test point.

Even if institutional forces can buffer some of the decline, it won't change the overall medium-term correction trend. Therefore, the most pragmatic advice right now is to control your positions and avoid overextending during rebounds.

BTC-1,39%

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WhaleMistaker

· 1h ago

Here comes the bearish talk again, always the same argument. The key level at 95,000 was already broken long ago. What are they talking about now?

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TokenomicsTinfoilHat

· 3h ago

Coming back with this again? Every time you say it's going to break, and what happens?

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DeFiVeteran

· 01-06 14:00

又来这套？早就看出来了，这波反弹就是诱多，真正的杀跌还在后头呢

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DataOnlooker

· 01-06 14:00

Another wave of decline, feels like institutions are harvesting the little guys...

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MetaverseVagrant

· 01-06 14:00

Coming back with this again? Historical patterns can't predict anything, and in the end, it just gets smashed through.

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ForkItAllDay

· 01-06 13:59

Starting to talk about the technical aspect again, essentially it's still a matter of betting on the trend.

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LiquidityWitch

· 01-06 13:57

A rebound won't go beyond 102,000; don't even think about it. This breakdown clearly looks like it's heading to test 80,000.

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ProposalManiac

· 01-06 13:41

It's the familiar routine again, and the lessons of history are right in front of us, yet they need to be repeated. The signals of cooling ETF + declining leverage essentially indicate a failure of the incentive mechanism. In simple terms, it's a process of reassigning market pricing power. Can the gap at 95,000-96,000 hold? That will determine which way the subsequent game tilts. This is not a technical issue; it's a matter of participant consensus. Institutional buffering? Well... it depends on whether their governance structures allow them to do so. Otherwise, it's just talk. The suggestion to control positions isn't wrong, but it's a bit late. The problem is that most people don't even have a mechanism design awareness for position management; they rely solely on emotions.

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