January 22 News, Bitcoin has regained the $90,000 level after intense volatility, sparking high market attention on the next phase of its trend. Over the past week, BTC briefly fell below $90,000, then quickly rebounded due to short-term capital inflows and news-driven stimuli, exhibiting typical high volatility characteristics. This rapid surge is more attributable to position adjustments and emotional recovery rather than systematic long-term capital reflows.
On-chain data indicates that currently realized losses are mainly concentrated among investors holding for 3 to 6 months and 6 to 12 months, most of whom entered near the previous high of around $110,000. As the price retraces to the cost range, this group tends to reduce their positions during the rebound, creating phased selling pressure. Historically, such sell-offs often occur at the end of corrections; once completed, prices tend to stabilize more easily.
Meanwhile, short-term momentum has shown signs of recovery. In the past 48 hours, the Money Flow Index (MFI) has risen significantly, indicating renewed buying interest in the market. This indicator also reflects changes in price and trading volume, often used to gauge genuine demand. Recent easing of geopolitical tensions has also somewhat boosted risk appetite, supporting BTC. However, these news-driven buyings are relatively fragile; if macro conditions shift toward risk aversion, market sentiment could reverse again.
It is worth noting that spot Bitcoin ETFs have not warmed up simultaneously. Over the past three trading days, there has been a total outflow of about $1.6 billion, with approximately $708 million redeemed on Wednesday alone, reaching a new single-day high since November 2025. This divergence between the price rebound and continued institutional fund outflows suggests that large-scale capital is still waiting for clearer macro and liquidity signals.
On the technical side, Bitcoin remains within an ascending wedge pattern formed since mid-November 2025, with volatility ranges continuing to expand. The current price hovers above $90,000; if it can hold above $91,298, there may be a short-term challenge to $93,471. Conversely, if ETF outflows continue to suppress the market, the price could fall back to around $87,210 to retest support.
Until capital flows truly turn positive, Bitcoin will continue to operate within a high-volatility range, and the battle between bulls and bears is not yet over.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SHIB Price Drops Despite 53,000% Burn Increase — Understanding the Disconnect
Burn Impact: 172 million SHIB burned reduces supply by 0.00003 percent, too small to move price.
Market Pressure: Bitcoin retreat drags SHIB lower despite burn spike and headlines.
Technical Signals: Price tests $0.00000545 support; break below $0.00000530 could trigger further
CryptoNewsLand8m ago
CPI Data Preview: Bitcoin Approaching $70,000 Key Resistance, Crypto Market May Experience Volatile Fluctuations
As the US CPI data is about to be released, the cryptocurrency market is entering a wait-and-see mode. Bitcoin, after experiencing a correction, is approaching $70,000, and market sentiment has improved, but it faces a short-term key resistance level. CPI data will be the main factor driving short-term market volatility.
GateNews8m ago
Is Bitcoin About to Break Through? Peter Brandt's "Banana Split" Pattern Indicates a Potential Significant Rise in BTC
Senior trader Peter Brant pointed out that Bitcoin is forming a "banana split" chart pattern, indicating potential significant volatility and a breakout from historical price ranges. The recent appearance of the "little banana" may be building momentum for a bull market. He predicts that Bitcoin will experience a price surge by October 2026. Global market sentiment is warming, fueling a 3.2% intraday increase in Bitcoin, currently trading at $69,803. Investors should pay attention to key price ranges to assess market trends.
GateNews21m ago
CRCL stock price increased by 87% in a month, driven by short squeeze and the dual factors of US-Iran conflict
CRCL stock price rose about 10% on March 9, with a total increase of 87.18% over the past month. Mizuho Bank analysts pointed out that this surge was driven by Middle East geopolitical conflicts leading to high oil prices, which boosted inflation expectations and increased the earnings of stablecoin issuers. Another analysis suggests that the stock price increase was mainly due to short covering. Valuation analysis indicates that CRCL's current stock price is above its intrinsic value, posing a risk of overvaluation.
MarketWhisper22m ago
Dogecoin Price Analysis: DOGE Rebound Faces Resistance, Short-term Downward Risk May Quickly Return
Dogecoin (DOGE) recent rebound momentum has weakened, and the current price is facing resistance around $0.0930. Technical analysis shows that the bulls are encountering resistance at $0.0950 and $0.0972, with downside support levels at $0.090 and $0.0884. Market sentiment influences the price, and there is still a risk of volatility in the short term.
GateNews23m ago
Bitcoin Valuation Model Revealed: PlanB Predicts an Average Price of $500,000 per Cycle, Sparking Market Debate
Bitcoin's current trading price is close to $67,300. Analyst PlanB predicts that the average price from 2024 to 2028 could reach $500,000, with a fluctuation range of $250,000 to $1,000,000. However, other analysts like Bobby A believe the price will be below this forecast. They point out that the model is difficult to accurately predict in the short term, and market factors are complex. Investors should focus on supply and demand changes and overall dynamics.
GateNews24m ago
