2026-01-12 02:26:45

Looking at the 4-hour chart, Bitcoin's current price is hovering around $90,973. Interestingly, the price is stuck between two moving averages— the 50-period moving average (90808) and the 200-period moving average (90301)— forming a narrow consolidation pattern.

It has increased by 0.12%, but this gain is hardly convincing. Trading volume is abnormally low, market participation is clearly insufficient, and both bulls and bears are on the sidelines. In the short term, this consolidation may continue unless trading volume picks up to signal a direction.

From a technical perspective, there is recent resistance at 91500 above, and support levels below are at the 90000 mark and the EMA200. Before breaking through these levels, it’s likely to remain range-bound. Let’s wait and see who steps in first to take the lead.

BTC0,61%

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CounterIndicator

· 20h ago

With such low trading volume, who dares to take the plunge? It's just waiting for big players to make the first move. It's a bit boring.

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ApeWithNoChain

· 20h ago

The trading volume is so ridiculously low, when will it move? Sitting here watching this mosquito-leg market is really unbelievable.

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PhantomHunter

· 20h ago

This consolidation is really frustrating, feels like being trapped in a sandwich of moving averages. 0.12% increase? That's a joke, are you kidding me? With such low trading volume, both bulls and bears are scared. Who dares to be the first to take the plunge? Wait until the volume picks up, or it's just a waste of time. If 91500 doesn't break through suddenly, I'll just keep lying down. The coins in my hands are getting more and more boring. When will there be some movement?

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AirdropHunterKing

· 20h ago

This consolidation is basically just waiting for someone to take the bait; even gas fees need to be carefully calculated.

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TokenCreatorOP

· 20h ago

Once again, it's this kind of sandwich cookie market situation, really annoying. --- With such poor trading volume, who dares to move? --- Breaking 91500 is just a joke if it can't be surpassed. --- The entire market is pretending to be dead, all quite boring. --- 0.12% increase? Might as well go back to sleep. --- Wait for the volume to pick up; entering now just makes you the bag holder. --- Holding the crucial position at 90000, if it can't go down, it will rebound. --- Both bears and bulls are looking down on each other, quite funny.

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