2026-01-10 18:23:19

The most frequently asked question recently is—why does BTC stay stubbornly around $90,000 without dropping? Today, I will thoroughly explain this matter.

To put it simply, the true purpose of this sideways trading range is "high-level turnover." What does that mean? It means converting retail chips that entered at $60,000 to $70,000 and started to panic after earning 50% into institutional or long-term investors who truly believe in BTC's long-term value and see $100,000 as just the beginning. Once this process is complete, the market's average holding cost will rise overall, making subsequent upward movements much easier.

Many people can't understand—why don't big funds just push the price up directly? There's a reason for that. If a sudden surge happens now, those low-cost profit-taking positions will also rise, and when the price exceeds $100,000, these traders will concentrate on dumping, disrupting the rhythm. Instead of that, it's better to oscillate repeatedly around the $90,000 range, using time to wear down retail investors' patience, causing them to voluntarily hand over their chips. Imagine sifting sand: once the fine particles are filtered out, only the coarse grains remain to build a truly solid "wall."

Let's look at on-chain data: in the past week, the net outflow of BTC from exchanges reached 12,000 coins, indicating more coins are moving from exchanges to personal wallets—this is a clear signal of locking in positions. Meanwhile, the MVRV Z-Score is now close to zero, meaning the current price is basically at the market's average cost level, with no serious bubble in sight. When these two data points are combined, it becomes clear—today's sideways trading is actually a healthy process of chip renewal.

BTC0,35%

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RugPullSurvivor

· 20h ago

There's nothing wrong with that; it's just filtering out retail investors. We've been so squeezed as small investors that we've lost all patience.

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AirdropHunterXiao

· 20h ago

Well, I have to admit, I buy this logic. The sand-sifting analogy is spot on. Retail investors are really worn down to the point of collapse and then sell their chips at low prices. Big funds are playing this game extremely skillfully. I'm still adding to my position around 90,000, just as a backup. On-chain data doesn't lie; keep holding. Reaching 100,000 isn't that simple.

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FarmHopper

· 21h ago

The sand-sifting analogy is brilliant; retail investors are the fine sand ground down by time. --- Basically, it's just waiting for our patience to run out and sell. This old fox's trick is really slick. --- The logic supported by data is indeed solid, but the key question is—how much longer can I TM keep holding on? --- High-level turnover, sand-sifting, building walls... all fancy talk, but at the end of the day, it's just big players eating retail investors' chips. --- A net outflow of 12,000 coins sounds like a lot, but ask yourself—does this really guarantee it won't drop again? --- Does the MVRV below 0 line mean there's no bubble? Feels like this theory can be applied at any price level. --- No wonder my account has been shrinking; it turns out I was the "fine sand" being sifted out. --- Is the sideways movement really absorbing supply or distributing? No one can see through this.

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CryptoTarotReader

· 21h ago

If you can't move it, then you're right. When retail investors' mentality explodes, it's the time to get in. --- It's the same old story of high-level turnover. There's nothing wrong with that, but the problem is I already lost my chips a long time ago. --- The analogy of sifting sand is perfect. Now we're just waiting to be sifted out. --- When the net outflow hits 12,000 coins, I knew big players are stocking up. --- Basically, it's about trading time for space. If you can't endure, you give up your chips. This game is ruthless. --- MVRV below 0? Doesn't that mean the current price is quite reasonable, and the bubble isn't that outrageous? --- Instead of directly pushing the price up, it's better to oscillate repeatedly and wear out retail investors. This tactic is really brilliant. --- How much longer do we have to stay sideways? I can't stand this torture anymore. --- Looking at on-chain data, it's clear that big funds are seriously deploying, and small retail investors should face reality. --- The renewal of chips is just a nice way of saying that big fish eat small fish.

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WhaleWatcher

· 21h ago

The analogy of sifting sand is spot on; this is just like washing out retail investors. No wonder my friends had already cut their losses and ran away.

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