2026-01-09 22:21:08

January 10th, Bitcoin is still hovering around the $91,000 mark, repeatedly testing this level. Both bulls and bears seem a bit cautious—after all, the non-farm payroll data has not been released yet, and no one dares to be too aggressive. Trading volume has noticeably shrunk, which also reflects the market's wait-and-see attitude towards macroeconomic data.

Looking back, the market has fallen from the high of $94,000, driven by continuous outflows of ETE funds. This directly dampened bullish sentiment, and the momentum of the bulls is indeed weakening. From a technical perspective, the $90,000 to $91,000 range now acts like a line of defense; whether it can hold depends on how the market develops next.

In the short term, it is likely to continue oscillating at high levels. But be cautious—once it breaks through or falls below this key range, the direction will become clear. Assets like BTC, ETH, and BNB need to closely monitor policy developments and macroeconomic data changes.

BTC-0,34%

ETH-0,94%

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.

10 Likes

Reward
10
10
Repost
Share

Comment

0/400

FOMOSapien

· 3h ago

Non-farm data, everyone has to honestly wait for this threshold --- It's another show of shrinking volume, both bulls and bears are playing riddles --- If 91,000 can't hold, then it's really time to panic --- ETE's crazy sell-off, this rhythm is truly uncomfortable --- Waiting for the data to come out, otherwise everything said now is pointless --- The 90,000 to 91,000 range is just treated as a line of defense; luckily it hasn't broken yet --- It feels like the bulls have no motivation left, too passive --- In the face of macro data, technical analysis is all just clouds

View OriginalReply0

MEVSandwichMaker

· 18h ago

Wait, is the ETE fund outflow this serious? Could it be that big players are dumping again? Alright, alright, we should be preparing to buy the dip before the non-farm payrolls. If the 91,000 support level is broken, let's just go straight to the 80s to catch some soup.

View OriginalReply0

FrogInTheWell

· 01-12 01:45

Oops, still grinding on 9.1. This pace is really dull. Waiting for the non-farm, anyone who moves is foolish. This wave of ETE outflow is quite fierce, the bulls are scared.

View OriginalReply0

FlashLoanLord

· 01-10 18:38

Everyone behaves this way before non-farm payrolls; no one wants to take the bait.

View OriginalReply0

SelfStaking

· 01-09 22:43

Non-farm data at this critical moment, who dares to make a move? I'm also watching around 91,000. --- ETE outflow causing a sell-off, this time the bulls are really a bit weak. Can the defense line hold... --- From 9 to 9.1K is as thin as paper. If we break through, we'll need to re-position. --- What does the shrinking trading volume indicate? Major players are all watching, waiting for the non-farm report to make a judgment. --- I think this wave will either break above 9.4K or drop straight down. No point in oscillating in between. --- Policy direction shifts a bit, these numbers are nothing. Stay alert.

View OriginalReply0

SmartContractPhobia

· 01-09 22:41

All the same on the night before non-farm payrolls; it's normal to see volume shrink and swings. Holding onto 90,000 is the key to success; once broken, admit defeat. Capital outflows are indeed a bit troublesome; the bulls aren't as strong anymore. Let's wait for the data; anyway, I don't dare to leverage.

View OriginalReply0

SudoRm-RfWallet/

· 01-09 22:34

Before the non-farm payrolls, no one dares to move during this low-volume consolidation, just waiting to watch the show. ETE outflow is really incredible; the bulls indeed got hurt in this wave. The 90,000 level is really critical; if it breaks, a shift in trend is inevitable.

View OriginalReply0

BearHugger