2026-01-10 07:23:32

These past couple of days, the market has indeed been a bit anxious. Trump announced December employment data 12 hours early, and immediately afterward, the US Bitcoin spot ETF experienced a single-day net outflow of $250 million, with BlackRock's IBIT once flowing out $252 million. Seeing these figures, many people started to wonder—Is this a preemptive escape by big institutions before they scoop up the bottom? Or is the market really losing confidence?

Let's start with the news aspect. Trump's early disclosure itself doesn't directly harm BTC, but what does it reflect? The ongoing fermentation of political uncertainty. This leads to one result: market nerves become more sensitive, and economic data fluctuations may be amplified infinitely. The significant outflow from ETFs is the most direct manifestation—short-term cautious sentiment among institutions is evident, and funds are quietly withdrawing. Coupled with market liquidity conditions, the dual pressure is indeed testing the market's short-term resilience.

Now, looking at the technical side. BTC is currently hovering around 90,500, with resistance at 92,496 and support at 89,608. Honestly, this position is a relatively weak oscillation zone, with no clear directional trend. Although the MACD DIF is still above the DEA, the histogram momentum has started to weaken, showing signs of potential bearish divergence. The RSI is more straightforward—RSI6 at 48, RSI12 at 55, both in a neutral to slightly weak state, far from oversold territory.

Overall, these indicators in the short term are telling the same story: the market is digesting pressure, and the direction is not yet fully clear. The attitude of institutional funds is crucial. If new economic data or policy signals emerge later, they could serve as triggers to break through this oscillation zone.

BTC1,53%

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.

12 Likes

Reward
12
3
Repost
Share

Comment

0/400

CryptoGoldmine

· 01-10 07:49

Institutional net outflow of 250 million indicates short-term pressure, but from the perspective of hash rate return ratio, this could actually be an opportunity for deployment. RSI hasn't reached oversold levels yet, so there's no need to panic. As long as the 89608 line holds, it's fine. ETF outflows ≠ market pessimism; more likely institutions are adjusting their positions. Funds haven't exited the circle; they're just looking for better entry points. Under dual pressure, it's actually easier to operate. Wait for the 89608 breakdown confirmation before deciding on the direction. Currently, there's too much speculation involved. My mining rigs are performing well in this hash rate difficulty adjustment cycle. From a different perspective, the oscillation is just accumulation of chips.

View OriginalReply0

PessimisticLayer

· 01-10 07:48

Is BlackRock really running? Then I better hold on to my BTC and not get shaken out.

View OriginalReply0

StrawberryIce

· 01-10 07:45

BlackRock's recent outflow is quite aggressive, it seems institutions are holding back their big moves. This round still depends on policy signals; otherwise, it will be a repeated torment. 90500 is really an awkward level, can't go up, can't go down. Institutions are quietly withdrawing; what should retail investors do? RSI hasn't even reached oversold, indicating there might still be room for further decline. I believe in提前出逃 before bottom-fishing; how many times has this trick been played? Let's wait and see if new data can break through this consolidation zone.

View OriginalReply0