BTC Upward Momentum Analysis: Trend Continuation Amid Multiple Positive Factors This round of Bitcoin's rise is not driven by a single factor such as the Venezuela geopolitical event, but rather a structural market trend resulting from multiple positive catalysts. The core driving force comes from the continuous large-scale influx of institutional funds—after the approval of spot Bitcoin ETFs, several Wall Street giants have successively incorporated them into their asset allocation portfolios, pushing daily ETF net inflows beyond $500 million and creating strong capital support. Meanwhile, the marginal easing of regulatory environment has brought unprecedented policy benefits to the crypto industry, effectively reducing systemic risk expectations and attracting long-term capital such as university endowments and pension funds to initiate systematic allocations. Market tolerance and willingness to allocate to risk assets have significantly increased, becoming the underlying reason for Bitcoin's sustained price strength. Currently, signs of main position building are evident, with stable support at trading levels, and the overall upward trend remains likely to continue. However, it is important to note that in the short term, profit-taking or overly heated sentiment could trigger technical corrections. It is recommended to monitor key support levels for resilience and to respond rationally to volatility risks. #我的2026第一条帖

#BitcoinSix-DayRally Consolidation or Ignition? Interpreting Bitcoin’s Next Decisive Phase As January 2026 unfolds, Bitcoin finds itself in a tightly compressed equilibrium a phase I have learned to respect deeply over multiple market cycles. After a volatile and emotionally charged close to 2025, the last six days of price action are not random noise or simple momentum chasing. They reflect a deliberate recalibration process, where capital, conviction, and caution are all competing near the same price levels. The $94,000–$95,000 zone has emerged as the focal point of this tension, acting as both psychological resistance and structural supply. From my perspective, what separates this rally from many short-lived rebounds we’ve seen in past years is not the speed of the move, but the composition of demand behind it. The renewed strength in spot ETF inflows at the very start of the year signals intentional positioning rather than reactive speculation. January has historically been a month where institutional exposure is reset, and the consistency of these inflows suggests Bitcoin is increasingly being treated as a strategic allocation asset, not merely a volatility-driven trade. This shift in behavior matters more than any single daily candle. At the same time, it would be inaccurate to ignore the role of derivatives in accelerating the move. Once Bitcoin reclaimed the $90,000 level, forced short covering became a clear secondary driver. Liquidation cascades pushed price rapidly toward the $93,000–$94,000 region, creating a hybrid rally structure one where genuine demand ignited a technical squeeze. In my experience, these types of moves tend to pause before they continue, not because the trend is weak, but because the market needs time to redistribute risk. From a broader market-structure standpoint, Bitcoin is now trading directly into a well-defined historical supply zone. The $95,000–$97,000 range represents an area where long-term participants from 2025 are psychologically inclined to reduce exposure after enduring the deep drawdown from the $120k+ region. This explains why repeated attempts to establish $94,600 as support have failed. Supply at this level is real, patient, and structurally motivated. Until it is absorbed, progress is likely to remain methodical rather than explosive. Technically, the signals align with this interpretation. Momentum indicators are not suggesting reversal they are signaling temporary exhaustion. On lower timeframes, elevated RSI conditions typically resolve through sideways consolidation or shallow pullbacks, not trend invalidation. What stands out to me is how consistently downside liquidity zones near $90,000 and $88,200 continue to attract buyers. Each dip into these areas is being treated as an opportunity to accumulate, not a reason to exit. That behavior is characteristic of markets transitioning from recovery into validation. Macro timing also deserves attention. Bitcoin is entering a period where several forces converge: institutional rebalancing cycles, evolving regulatory narratives, and increasing correlation with digital-asset benchmarks. A decisive daily close above $95,000 would do more than clear local resistance it would reshape market psychology and reopen discussions around the $100,000 level, which carries both technical significance and symbolic weight. However, markets rarely reward impatience at inflection points. From my own trading and positioning experience, I’ve learned that decision zones are where discipline matters most. Chasing price into resistance often carries asymmetric risk, while structured strategies scaling entries on pullbacks or waiting for confirmation tend to outperform during periods of compressed volatility. For participants focused on late-2026 projections rather than short-term fluctuations, incremental exposure through controlled accumulation has historically proven more effective than attempting to time every breakout. Forward Outlook Bitcoin appears to be transitioning from recovery into trend validation. Persistent ETF demand suggests that deep retracements may be limited, but near-term consolidation remains both healthy and likely. Whether this zone becomes a launchpad or a delay mechanism will depend less on retail enthusiasm and more on institutional follow-through and sustained liquidity absorption above $95,000. Key Takeaway This is not a euphoric breakout phase it is a decision phase. Markets that move sustainably higher often frustrate both bulls and bears before resolving. If Bitcoin can convert resistance into support, the pathway toward six-figure price discovery opens naturally. Until then, patience, structure, and risk control matter far more than prediction.

#PI What do you all think about this move? I used to buy Bitcoin, and now I'm buying it again. Anyway, I'm holding it tightly.