2026-01-19 05:36:47

The recent large-scale sell-off event is very clear. Mainstream exchanges and whales dumped $3.62 billion worth of chips, but Bitcoin spot ETF absorbed 77% of the flow. The remaining 23%? That’s the space traders can operate in.

Institutions are holding their ground fiercely at the $88k level, which is the average holding cost for some leading institutions. Moving up to the $95k range, there are still a bunch of open positions waiting for a taker.

So the current situation is: range traders are doing pretty well here until Monday, when the net inflow of Bitcoin spot ETF surpasses $1 billion or plunges, and the market will break out. The timing is just around the corner, watch for that inflection point.

BTC-2,91%

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SolidityJester

· 16h ago

Can the 88k defense line hold? It doesn't seem that simple.

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APY追逐者

· 17h ago

88k is so tightly guarded, the institutions really treat this as a defensive line, hilarious

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DeFiChef

· 17h ago

That 88k line is holding strong, even whales are just pretending.

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MiningDisasterSurvivor

· 17h ago

It's the same old trick... I've been through this before. Is the 88k line holding strong? I've seen even tougher in 2018, and in the end, it still broke through. The idea of ETFs absorbing 77% of the flow sounds impressive, but that 23% gap is where retail investors' blood is hidden... Can range trading survive well? Ha, it feels good until the turning point arrives. The problem is, not many people can really hit that point correctly.

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BagHolderTillRetire