January 10th, Bitcoin is still hovering around the $91,000 mark, repeatedly testing this level. Both bulls and bears seem a bit cautious—after all, the non-farm payroll data has not been released yet, and no one dares to be too aggressive. Trading volume has noticeably shrunk, which also reflects the market's wait-and-see attitude towards macroeconomic data.
Looking back, the market has fallen from the high of $94,000, driven by continuous outflows of ETE funds. This directly dampened bullish sentiment, and the momentum of the bulls is indeed weakening. From a technical perspective, the $90,000 to $91,000 range now acts like a line of defense; whether it can hold depends on how the market develops next.
In the short term, it is likely to continue oscillating at high levels. But be cautious—once it breaks through or falls below this key range, the direction will become clear. Assets like BTC, ETH, and BNB need to closely monitor policy developments and macroeconomic data changes.
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FlashLoanLord
· 16h ago
Everyone behaves this way before non-farm payrolls; no one wants to take the bait.
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SelfStaking
· 01-09 22:43
Non-farm data at this critical moment, who dares to make a move? I'm also watching around 91,000.
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ETE outflow causing a sell-off, this time the bulls are really a bit weak. Can the defense line hold...
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From 9 to 9.1K is as thin as paper. If we break through, we'll need to re-position.
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What does the shrinking trading volume indicate? Major players are all watching, waiting for the non-farm report to make a judgment.
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I think this wave will either break above 9.4K or drop straight down. No point in oscillating in between.
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Policy direction shifts a bit, these numbers are nothing. Stay alert.
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SmartContractPhobia
· 01-09 22:41
All the same on the night before non-farm payrolls; it's normal to see volume shrink and swings.
Holding onto 90,000 is the key to success; once broken, admit defeat.
Capital outflows are indeed a bit troublesome; the bulls aren't as strong anymore.
Let's wait for the data; anyway, I don't dare to leverage.
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SudoRm-RfWallet/
· 01-09 22:34
Before the non-farm payrolls, no one dares to move during this low-volume consolidation, just waiting to watch the show.
ETE outflow is really incredible; the bulls indeed got hurt in this wave.
The 90,000 level is really critical; if it breaks, a shift in trend is inevitable.
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BearHugger
· 01-09 22:29
The non-farm payroll data hasn't been released yet, and everyone is on edge here. It's a bit frustrating.
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GateUser-4745f9ce
· 01-09 22:29
Before the non-farm payrolls arrive, this move is a gamble. The 91,000 level is really crucial.
January 10th, Bitcoin is still hovering around the $91,000 mark, repeatedly testing this level. Both bulls and bears seem a bit cautious—after all, the non-farm payroll data has not been released yet, and no one dares to be too aggressive. Trading volume has noticeably shrunk, which also reflects the market's wait-and-see attitude towards macroeconomic data.
Looking back, the market has fallen from the high of $94,000, driven by continuous outflows of ETE funds. This directly dampened bullish sentiment, and the momentum of the bulls is indeed weakening. From a technical perspective, the $90,000 to $91,000 range now acts like a line of defense; whether it can hold depends on how the market develops next.
In the short term, it is likely to continue oscillating at high levels. But be cautious—once it breaks through or falls below this key range, the direction will become clear. Assets like BTC, ETH, and BNB need to closely monitor policy developments and macroeconomic data changes.