2026-01-08 01:20:12

#以太坊大户持仓变化 2026 marks the beginning of the year, and Bitcoin has quietly completed a market shakeout.

$BTC $ETH

The leverage reduction at the end of last year basically cleared out the toxic positions accumulated in the market. Now, looking at the market structure, it is much healthier than before.

Several signals are particularly worth noting—

Spot ETF continues to accumulate positions, with no signs of institutional exit; futures trading activity has rebounded, and seasoned traders are starting to re-enter; options market sentiment has shifted from conservative to optimistic, and volatility has already bottomed out; traders are shorting Gamma at high prices, which suggests they are betting on increased volatility.

In plain language: the market has shifted from a defensive stance of hesitation to an active offensive posture. Although the pace of accumulation is still steady, the foundation is solid, and the upside potential is much clearer than at the beginning of the year.

This opening, overall, is very steady. What do you think? How high do you think this rally can rebound?

ETH-1,02%

BTC-0,57%

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CryptoFortuneTeller

· 9h ago

A good shakeout sets the stage for a surge later. The institutions didn't run this time, which shows they have confidence.

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MidnightSnapHunter

· 01-08 01:49

The shakeout is over, and institutions are still accumulating. This is indeed a bit different. --- Is volatility expanding for gambling? Then just wait and see; anyway, it's not a loss to enter now. --- It's not very stable at all. I think there needs to be another wave of volatility. --- The accumulation in spot ETFs is indeed a good sign, but I'm worried it might just be a false alarm. --- Why don't I feel the market sentiment turning optimistic in the options market? --- Solid fundamentals and clear upward potential. Why does this phrase get repeated in every market cycle? Haha. --- Are the veterans really re-entering? I feel like they are still on the sidelines. --- This rebound should test the previous high; don't overthink it. --- The toxic positions have been cleared out. I really don't know if the market is clean now.

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MetaverseLandlord

· 01-08 01:46

Institutions haven't withdrawn, indicating they've long seen through this round of shakeout. Another argument of "solid fundamentals"... Last time someone said that, I lost two months. Gamma short, volatility bottomed out... Feels like a wave is coming. Deleveraging and detoxing head positions sound refreshing, but the real test hasn't come yet. This pace is steady, but we'll see how long it can last. Rebound to last month's high and try? But I bet it will fall back. I'm convinced about spot ETF accumulation; institutions do it this way. When you say this, are you also buying at a high? Solid fundamentals ≠ market coming; history tells us this is the biggest lie.

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MemeTokenGenius

· 01-08 01:44

The shakeout was so thorough that I think a big move is coming. The institutions won't play their hand for nothing.

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gas_fee_therapist

· 01-08 01:43

Institutions are accumulating, veterans are returning to the market, this rhythm is indeed different. --- The shakeout was thorough, the bottom structure is solid, now it depends on how it unfolds next. --- The toxic positions are cleared, now the real game begins. --- Options sentiment turning optimistic? Then with volatility expanding, we should be making a killing. --- ETF continues to accumulate, this signal is really strong, institutions are not fools. --- Switching from defensive to offensive, sounds reliable, but how strong the rebound can be is still a question. --- Solid fundamentals are the foundation, what really matters is whether it can break through the previous high.

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ForkLibertarian

· 01-08 01:20

The shakeout was intense enough; now is the real time to get on board. Honestly, I think the fundamentals aren't that solid yet; we need to see how institutions move next. The thing about volatility hitting the bottom feels a bit too scripted. Is this start stable? I doubt it. Let's wait until it breaks the new high. It's basically a bet on the Federal Reserve's next move. Don't overthink it.

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