January 16th was quite interesting for Bitcoin and Ethereum — after a strong rally in the past few days, today clearly entered a phase of consolidation and fluctuation. Both bulls and bears are fighting hard at this level, and market sentiment is also fluctuating accordingly.
**Market Situation**
Bitcoin is fluctuating around $96,000, pulling back from yesterday’s high. The most noteworthy development at this moment is the latest progress on the U.S. Digital Asset Market Clarity Act — after the draft was released, it was put on hold due to opposition from industry insiders, affecting short-term optimistic expectations. Additionally, the flow of funds into spot ETFs has become a key focus; a large amount of money entered yesterday, and today’s movement depends on upcoming developments.
**Bullish Perspectives**
On the technical side, Bitcoin successfully broke through the $95,000 barrier previously, establishing a higher support structure, which is a positive signal. The macro environment is also favorable — U.S. inflation data is cooling, and the window for further rate cuts has opened, which is good news for risk assets. From a capital perspective, continuous net inflows into Bitcoin spot ETFs indicate that institutions are quietly accumulating, providing strong support for a bullish outlook.
**Cautious Views**
From a technical standpoint, a correction after rapidly rising from $95,000 to $97,000 is normal — a natural profit-taking reaction. Expectations of regulation have cooled due to the delay in the bill’s review, making the outlook less optimistic. Some analysts also mention that the four-year cycle pattern of Bitcoin may have been broken, so the next 3-6 months require extra caution.
**Key Levels**
If the upward momentum continues, watch for breakthroughs at $97,000 (recent high) and $100,000 (psychological milestone). On the downside, $95,000 is the main support, followed by the $94,000–$94,500 range (previous breakout point and order cluster). If these are broken, around $91,400 (200-day moving average) is the last line of defense.
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DefiOldTrickster
· 6h ago
What's the point of all this fuss at 96,000? Back in the day, when it was 96,000, I was already doing reinvestment arbitrage. Are you still just wavering here? Is this all the institutional ETF inflow? Honestly, breaking 97,000 is the real test, otherwise just wait to be swept up in the 94,500 liquidation feast.
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GoldDiggerDuck
· 6h ago
Hovering around 96,000, regulatory bills are once again postponed, and institutions are still quietly buying. Can this wave really break through 100,000?
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AirdropHunterWang
· 6h ago
The 96,000 level is really crucial. Institutions are positioning themselves, but the bill has been shelved. Doesn't this mean we have to look at the Federal Reserve's stance for this wave?
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LeverageAddict
· 6h ago
96,000 fluctuating repeatedly, and the old tricks have started again... It's really annoying that the bill is shelved, it happens every time.
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gas_fee_therapist
· 6h ago
96000 is really an awkward position, the bill has been shelved and you're still stubbornly insisting? I don't believe institutions without real money involved.
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TokenCreatorOP
· 6h ago
The 96,000 level is indeed a bit awkward; both bulls and bears have their say...
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GateUser-beba108d
· 6h ago
It's starting to fluctuate again; this rhythm is a bit exhausting to watch.
#比特币2026年行情展望 $BTC $ETH
January 16th was quite interesting for Bitcoin and Ethereum — after a strong rally in the past few days, today clearly entered a phase of consolidation and fluctuation. Both bulls and bears are fighting hard at this level, and market sentiment is also fluctuating accordingly.
**Market Situation**
Bitcoin is fluctuating around $96,000, pulling back from yesterday’s high. The most noteworthy development at this moment is the latest progress on the U.S. Digital Asset Market Clarity Act — after the draft was released, it was put on hold due to opposition from industry insiders, affecting short-term optimistic expectations. Additionally, the flow of funds into spot ETFs has become a key focus; a large amount of money entered yesterday, and today’s movement depends on upcoming developments.
**Bullish Perspectives**
On the technical side, Bitcoin successfully broke through the $95,000 barrier previously, establishing a higher support structure, which is a positive signal. The macro environment is also favorable — U.S. inflation data is cooling, and the window for further rate cuts has opened, which is good news for risk assets. From a capital perspective, continuous net inflows into Bitcoin spot ETFs indicate that institutions are quietly accumulating, providing strong support for a bullish outlook.
**Cautious Views**
From a technical standpoint, a correction after rapidly rising from $95,000 to $97,000 is normal — a natural profit-taking reaction. Expectations of regulation have cooled due to the delay in the bill’s review, making the outlook less optimistic. Some analysts also mention that the four-year cycle pattern of Bitcoin may have been broken, so the next 3-6 months require extra caution.
**Key Levels**
If the upward momentum continues, watch for breakthroughs at $97,000 (recent high) and $100,000 (psychological milestone). On the downside, $95,000 is the main support, followed by the $94,000–$94,500 range (previous breakout point and order cluster). If these are broken, around $91,400 (200-day moving average) is the last line of defense.