Recently, in the past week (December 24-31), Bitcoin's performance has been quite calm, fluctuating repeatedly between $86,800 and $89,100, finally closing around $88,000-$88,900. It seems that after the decline in Q4 (approximately -22%), the market has entered a low-volatility state. The anticipated year-end rebound did not materialize, as holiday liquidity shrank, macroeconomic pressures, and the linkage with risk assets all held back the rally. The weekly trading volume has been around $24.2 billion, with a slight increase of about 2% in recent days. Despite continuous ETF inflows, institutional investors still appear somewhat cautious.
Looking ahead, from early January, based on moving averages and current market sentiment (the Fear and Greed Index is only 23, which is quite low), analysts generally expect Bitcoin to trade sideways between $87,000 and $95,000. The medium-term target is likely around $92,000, representing a potential 3-6% upside. Continued net inflows into ETFs and optimistic signals regarding the regulatory environment may provide some support for the price, but macroeconomic uncertainties remain, and sudden risks should still be watched out for.
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PumpDoctrine
· 9h ago
Still consolidating? Just waiting for that 3-6% market move, feels like I’m going bald waiting
Institutions are still on the sidelines, retail investors are already being tossed around enough
92,000 is just a dream, a macro shift could drop it instantly
ETFs are attracting, but this fear index at 23 is really a bit hopeless
Let it consolidate sideways, anyway I can wait
Too many excuses like liquidity shrinking and holidays, the key issue is still no hot trend
That -22% drop really crushed confidence
Regulatory optimistic signals? Just listen, don’t take it too seriously
From 87 to 95, just keep bouncing back and forth, when will it break through
Macro pressure is always the biggest black swan, impossible to guard against
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TopEscapeArtist
· 9h ago
Once again, stuck in the narrow range of 86,800-89,100. I'm really fed up with the low volatility.
Waiting for a rebound after a year's bottom, but it just didn't come. Truly a live example of liquidity drying up + macroeconomic pressure.
ETFs are entering the market, while retail investors like us are losing money. The difference, shh.
The fear index is at 23. Isn't this just a disguise for a bottom signal? I bet that the 87,000 support can hold.
A 3-6% upside at 92,000? Come on, what kind of mid-term target is this? I haven't even set my 2% stop-loss yet.
The correlation of risk assets is really a dangerous signal. Next, we look at macroeconomic conditions to see how they influence the market.
The technical moving averages look okay, but I'm just worried about an unexpected event triggering another round of sharp decline.
Institutions are still cautious, indicating that even the smart money hasn't made up their minds yet, they're all waiting for signals.
View OriginalReply0
GasOptimizer
· 9h ago
88000 has been hovering for so long, it's really frustrating. If it weren't for the ETF entry, we might be in an even worse situation.
What are the institutions still waiting and watching for? Their courage is also too small.
Let's set 92000 as a small target; anyway, we have to wait through the sideways movement.
The macro environment is too deep a pit; just don't get slapped in the face by sudden risks.
The index is only 23; the market sentiment is too cautious, it feels like no one dares to move.
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FunGibleTom
· 9h ago
This year's end market trend is really dull, institutions are scared
Sideways again and again, can the index go from 23 to 92k? I don't believe it
What's the use of ETF entry, macro issues will cause a crash again
Just waiting for the risks in January, it might plunge again
View OriginalReply0
APY追逐者
· 9h ago
End of the year indeed didn't see a rebound, just lying flat like this, it's suffocating.
Institutions are still on the sidelines, and retail investors have even less say.
The fear index for 23... shows that everyone is scared, is this really the bottom?
ETFs are being bought, but it still doesn't feel strong enough.
92,000 is just a reference; if macro events happen, everything is pointless.
Holiday liquidity is really the kryptonite for BTC.
The 88,000-88,900 level must hold; going lower would be awkward.
A 3-6% increase, but honestly, I'd rather buy new bonds.
Who dares to go all-in now? I'm just watching from the sidelines.
View OriginalReply0
gas_fee_therapist
· 9h ago
Another frustrating sideways consolidation... Want to lie back at 88K? Dream on, institutions are scared, retail investors are even more scared.
The end-of-year rebound is gone, but the real concern is the macro bombs in January. The 92K target doesn't sound very attractive either.
So what if ETFs enter the market? Liquidity drying up is really deadly, and the waiting period this time is a bit tough.
The fear index at 23 indicates that everyone's mentality is still very tense. Let's just continue to lie flat.
A 2% increase? Come on, that's not the story we want.
The range bet between 87K and 95K feels as dull and boring as waiting for a wind break in prison.
This macro stuff is really annoying. Whenever it moves, BTC has to bow down.
If you ask me, it's better to hibernate until February and see. Anyway, there's not much drama this month.
View OriginalReply0
LiquidityHunter
· 9h ago
$24.2 billion in trading volume with a range of 87,000-95,000. Is the liquidity depth really like this? I need to pull the price difference data between CEX and DEX; I feel like I might have missed some arbitrage opportunities.
Recently, in the past week (December 24-31), Bitcoin's performance has been quite calm, fluctuating repeatedly between $86,800 and $89,100, finally closing around $88,000-$88,900. It seems that after the decline in Q4 (approximately -22%), the market has entered a low-volatility state. The anticipated year-end rebound did not materialize, as holiday liquidity shrank, macroeconomic pressures, and the linkage with risk assets all held back the rally. The weekly trading volume has been around $24.2 billion, with a slight increase of about 2% in recent days. Despite continuous ETF inflows, institutional investors still appear somewhat cautious.
Looking ahead, from early January, based on moving averages and current market sentiment (the Fear and Greed Index is only 23, which is quite low), analysts generally expect Bitcoin to trade sideways between $87,000 and $95,000. The medium-term target is likely around $92,000, representing a potential 3-6% upside. Continued net inflows into ETFs and optimistic signals regarding the regulatory environment may provide some support for the price, but macroeconomic uncertainties remain, and sudden risks should still be watched out for.