2026-01-08 02:26:49

Recently, Bitcoin's price movement has been quite interesting. Every time it breaks through key levels, it quickly retraces, and this rhythm has made many bulls feel a bit uncomfortable. But upon closer inspection, this may not be a bad thing. From a chip perspective, this repeated surge and pullback precisely indicate that large funds are continuously accumulating at low levels. These days, it has fallen again, and exchanges are starting to say it might drop to 70,000, but from personal observation, the previous round at 80,000 was basically a clear bottom. From a weekly chart perspective, there is still plenty of room to explore, and the formation of upper shadows hasn't been fully established yet, so don't rush to draw conclusions. If we extend the cycle, the current position still has quite a bit of uncertainty.

BTC0,22%

View Original

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.

23 Likes

Reward
23
7
Repost
Share

Comment

0/400

tx_pending_forever

· 23h ago

Bro, I agree with this analysis, but it's just exhausting, getting hit repeatedly. --- Large funds are building positions? Uh... it looks more like they're cutting us. --- Bottom, bottom. Every time I hear "bottom," I just want to ask when it will really be the bottom. --- Weekly chart, weekly chart. You're right, but my account is almost down 50%, haha. --- This rhythm is indeed a bit flashy, but we still need to look at the long term. --- Damn, it dropped again. Wait, let me keep adding to my position... No, I have no money left. --- Chip analysis sounds professional, but us small investors are just destined to be cut.

View OriginalReply0

OnchainGossiper

· 01-08 11:45

Here we go again, every time they say it's big funds building positions, but in the end, they all get smashed together. How can they be so sure that 80,000 is the bottom? Maybe this time it could really break below. Weekly chart, weekly chart, daily weekly chart. I just want to know when we can get a definitive direction. Big funds building positions? I think it's more like a chip transfer to cut leeks. 70,000 can't even hold; oscillation all the way is the normal state, don't think too much. This wave is really tough, even the bullish mindset is about to be played to the brink.

View OriginalReply0

LiquidationWatcher

· 01-08 02:46

ngl been through this exact playbook before... those "whales accumulating" narratives always hit different right before a wick down to the lows. not saying you're wrong but... watch your health factors fr. 80k bottom claim sounds familiar, heard that one in 2022 lmao. anyway, weekly confluence does matter, just... don't get caught overleveraged waiting for the space to "unfold" 💀

Reply0

GasWaster69

· 01-08 02:45

Large funds are eating up the chips, don't panic

View OriginalReply0

RugResistant

· 01-08 02:43

I see, this wave is indeed driven by large funds accumulating, don't be scared by those traders shouting on the exchange. --- Is 80,000 a bit early to call the bottom? The weekly chart still needs to be observed, no rush. --- Repeatedly smashing the price down is just to shake out the weak hands, I've said this before. --- Even after such a drop, still believing in 70,000? You're really overthinking it, haha. --- From a chip perspective, it's indeed interesting, but the risks are still quite high. --- Looking at the long-term cycle, the bull market hasn't completely exited, which is correct. --- Don't rush to draw conclusions; I've heard this too many times, and all the money has already been shaken out. --- Is the upper shadow not sufficient? Bro, how long has it been since you looked at the weekly chart? --- No one can predict the bottom accurately, but I added more at the low levels anyway. --- It might be large funds building positions, but retail investors are getting cut even more harshly.

View OriginalReply0

CodeZeroBasis

· 01-08 02:38

Haha, this wave of momentum is indeed annoying, but the big players are right about accumulating. If 80,000 is really the bottom, then those who sold early now must be regretting it. The weekly chart still has hope, but I’m still a bit worried. Every time they say it's the bottom, it drops again, so exhausting. But in the long run, all this tossing around is probably just a shakeout. The exchange people keep calling for a drop to 70,000 every day—wake up, everyone. This level is indeed highly uncertain; no one can say for sure. My money is just sitting there, so let’s see how it goes from here.

View OriginalReply0