BTC Around 87K - Oscillation Mode and Capital Accumulation Opportunity

BearMarketSunriser · 2026-01-30T20:05:34+00:00

Bitcoin has experienced significant fluctuations recently, dropping from 97,877 to 87,229 USD. Currently priced around 84.38K, the market is engaged in a typical "sawing" strategy, with liquidity being targeted from both sides. Key support levels are at 88K and 84K, while resistance lies at 92K-94K. Two main scenarios may unfold: a drop to 87K for a buy opportunity or a surge past 92K, both aimed at maximizing liquidity before a clear trend emerges.

BearMarketSunriser

2026-01-30 20:05:34

Abstract generation in progress

In recent trading sessions, Bitcoin has experienced a period of intense volatility, with resistance levels at $97,877 pushed down to $87,229. Currently, with the price around $84.38K, the market is witnessing a classic “sawing” move — as market makers tighten the loop to collect liquidity from both sides of the market.

From 97,877 Down to 87,229 - The Market Maker’s ‘Sawing’ Strategy

The rejection at 97,877 is not the end, but the beginning of a repeated “sawing” process. Market makers have successfully driven the price down to 87,229, creating loose stop points for both reserve buy orders and early profit takers. This strategy demonstrates control over market liquidity — a common technique during prolonged price fluctuations.

Support and Resistance Zones - Around 87K as the Main Battleground

The area around 87K-90K is currently considered the most strategic zone. Key support levels are:

88K: The nearest support zone, tested multiple times
84K: The secondary support level, quite close to the current price
80K: A broader support zone, acting as a “safety net”

On the resistance side, the target ranges are:

92K - 94K: The main target band, where the market may face selling pressure

Next Scenario - Re-Test 87K or Break Above 92K?

The current situation is not the start of a clear trend but a quick “hunt” between both sides. The market is testing both sides of the 88K-90K zone to find loose liquidity. There are two main scenarios:

Scenario 1: The market will re-test 87K or lower, creating an opportunity for traders to catch the bottom before a rebound.

Scenario 2: The price will unexpectedly break above the 92K-94K zone, exposing early profit takers and surprising the market.

Both scenarios serve a common purpose: maximizing liquidity collection before the main trend is confirmed. It is crucial to closely monitor support points around 87K and resistance at 92K to determine the next direction.

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