Recently, Bitcoin's trend has been quite interesting. A couple of days ago, it briefly dropped below $92,000, and today the market did not experience a significant surge or drop. The price has been oscillating around $90,000, and the underlying logic is quite clear — ETF funds continue to flow out, and the market's risk-averse sentiment remains, so it’s unlikely to see a strong breakout in the short term.
However, from a longer-term perspective, Bitcoin is likely to remain in a oscillating and slightly bullish pattern in the first half of the year. Although volatility is unavoidable, the support at the bottom is relatively solid, and this oscillation actually provides more opportunities for investors to participate. Of course, the key still depends on how the macroeconomic and capital environments evolve.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
5
Repost
Share
Comment
0/400
GmGmNoGn
· 13h ago
It's been bouncing around near 90,000 again, this pace is really a bit annoying.
View OriginalReply0
LiquidityNinja
· 13h ago
Still fluctuating repeatedly, so annoying. When will it break ten thousand?
---
With so much ETF outflow, how can you still say the bottom is stable? I don’t see it.
---
Really, just oscillating like this, might actually be a chance to buy low. I’m optimistic.
---
The macro environment is the key; Bitcoin itself can’t move on its own.
---
Back and forth between 92K and 92K, it’s cost me half a day.
---
Is the bottom support stable? Then why did it break below 92K? That’s contradictory.
---
If this wave is truly relatively strong, I wouldn’t be afraid to keep adding to my position.
View OriginalReply0
MoonMathMagic
· 13h ago
Still bouncing around 90,000, so annoying
---
ETF outflows really hit hard. When will it rebound?
---
Is the bottom support solid? Let’s wait and see. Anyway, I’m not bottom-fishing anymore
---
Volatility offers opportunities? Ha, the opportunity is just to cut the leeks
---
The macro environment determines everything. Who knows now?
---
Once it drops below 9.2, everyone starts talking about long-term cycles, typical comforting words
---
But to be fair, it’s definitely more comfortable than sudden crashes or surges
---
Liquidity is the real boss; everything else has to step aside
---
Participation opportunities? My wallet says no chance
---
If it’s hard to break in the short term, then wait for the medium term. Anyway, I’m not panicking
View OriginalReply0
LiquidationOracle
· 14h ago
92,000 this level repeatedly tested, feels like institutions are shaking out the weak hands
Is the volatility an opportunity to get in? Listening to this, it's just another tactic to trap retail investors
Is the bottom support stable? What did I say last time...
The ETF outflow is a bit painful, we still have to wait for the correction cycle
Long-term optimistic but short-term hesitant, a typical case of playing both sides
View OriginalReply0
just_another_wallet
· 14h ago
This oscillation is really exhausting, feels like I keep staring at the K-line every day until my eyes are blurred.
Wait, is the ETF outflow really something to worry about?
Is the bottom support solid? But I still feel uneasy...
Here comes another opportunity to participate, I've heard this phrase so many times haha.
The macro environment determines everything, so let's just wait and see.
Recently, Bitcoin's trend has been quite interesting. A couple of days ago, it briefly dropped below $92,000, and today the market did not experience a significant surge or drop. The price has been oscillating around $90,000, and the underlying logic is quite clear — ETF funds continue to flow out, and the market's risk-averse sentiment remains, so it’s unlikely to see a strong breakout in the short term.
However, from a longer-term perspective, Bitcoin is likely to remain in a oscillating and slightly bullish pattern in the first half of the year. Although volatility is unavoidable, the support at the bottom is relatively solid, and this oscillation actually provides more opportunities for investors to participate. Of course, the key still depends on how the macroeconomic and capital environments evolve.