2026-01-08 03:25:17

On January 8, 2026, Bitcoin's price trend experienced a significant correction. It broke below the $91,000 psychological level, with intraday declines approaching 3%. The latest quote is around $91,374.

From a technical perspective, this adjustment is actually traceable. After Bitcoin reached a local high of $94,420, it began to face profit-taking pressure. In the short term, the selling volume is indeed somewhat intense, but in the broader view, the overall trend remains in the upper range of the upward channel — it hasn't broken out yet. The key defensive line is at $90,000; whether this level can hold is crucial.

The market sentiment has been somewhat tense these past two days. Traders are more cautious, and spot trading volume has fallen back to early December levels, indicating a decline in market participation. The long positions are not very concentrated, which means that if the decline continues, the rebound may be limited. The previously strong upward momentum still appears somewhat fragile.

Short-term volatility is hard to avoid, but the key is whether the $90,000 level can hold steady.

BTC-0.13%

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BlockchainBard

· 5h ago

Here it comes again, always the same routine. How are the high-level bagholders doing? --- Is $90,000 really that sacred? It feels like there's a lot of hype involved. --- I've been waiting for this correction. It's normal for profit-taking to escape, but the question is who will step in afterward. --- Trading volume has dropped back to early December, indicating everyone is just watching the show. --- A fragile upward channel. I just want to ask who is still holding on to the bullish side. --- Whether it breaks $90,000 depends on the upcoming consensus. No consensus means it's just a facade. --- The technical outlook looks uncomfortable, but during times like this, it's often just a fake-out. --- Hold steady? I think it's uncertain. The capital flow has already become very clear.

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BearHugger

· 01-08 03:54

Holding the $90,000 level is really crucial; otherwise, the rebound afterward won't be strong. --- People are starting to take profits and exit again. This wave of correction has been foreseeable for a while. --- Has trading volume dropped back to early December levels? That definitely indicates that the enthusiasm is cooling down. --- The detail that the bulls' layout isn't dense is a bit painful... the rebound strength will be reduced. --- A 3% drop doesn't seem big, but if it breaks below 90k, it feels different. --- Is it unstoppable? Haha, that was last week. Now it's indeed a bit fragile. --- This wave of correction is quite normal; it's just high-level consolidation. Let's see who can hold on. --- Traders are becoming cautious, which shows that everyone is feeling uncertain. --- From 94,420 down to 91,374, the profit-taking hands are indeed a bit ruthless. --- The key still depends on what happens next. If it can't hold above 90,000, a reassessment will be necessary.

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nft_widow

· 01-08 03:52

90000 this threshold is really a bit uncertain, it feels like the bulls are losing momentum --- Starting to cut leeks again, the pace is too fast to keep up --- With such sluggish trading volume, no wonder the rebound lacks strength, everyone has already left? --- Still the same words, don’t panic if 90000 isn’t broken, the framework is still there --- The profit-taking this wave was really aggressive, it’s terrifying --- It feels like the upward channel is about to collapse, now might not be the time to enter --- If 90,000 can't be held, it’s game over, wait for the news --- The bulls’ deployment is so sparse, there might be a lot of room below --- The volatility will probably continue to toss around, don’t buy the dip yet --- Today’s sharp drop was indeed a bit fierce, let’s see who can hold on

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rekt_but_not_broke

· 01-08 03:51

If the key level of $90,000 can't really hold, it might drop even more fiercely later on --- Starting to shrink again, this is the most annoying... Feels like air coins are more active than the current trading volume --- Profit-taking has been aggressive enough, but the upward channel is still intact. Don't be too pessimistic --- The selling pressure is so fierce but hasn't broken the level yet, indicating there are still buyers at the bottom. Let's see if it can rebound tonight --- Fragile foundation... sounds like a deep correction is coming. Should I reduce my position? --- If the $90,000 support can't hold, we'll really need to look for support levels below. I agree that the rebound space is limited

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SandwichTrader

· 01-08 03:47

Reaching the 90,000 mark is crucial; otherwise, it will be a real breakdown. --- Starting to cut losses again, this wave of correction is terrifying. --- Trading volume has dropped back; the bulls are really feeling weak. --- 94420 is a trap; we're still struggling now. --- This rhythm feels like it will test our mentality. --- Limited rebound strength? Then we need to be cautious. --- High-level range oscillation, who knows what the next step will be. --- Profit-taking is too fierce; this is the manipulator's tactic. --- Built on a fragile foundation, a slight breeze can cause it to collapse. --- If we can't hold the 90,000 level, just wait for a breach. --- Traders are all scared; does that mean they are clueless? --- No wonder I cut yesterday; the escape top awareness was correct. --- Upward channel? Looks more like a downward channel, buddy. --- The position isn't too concentrated; it's the right time to take over. --- If we can hold the 90,000 this time, there will still be opportunities ahead.

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On January 8, 2026, Bitcoin's price trend experienced a significant correction. It broke below the $91,000 psychological level, with intraday declines approaching 3%. The latest quote is around $91,374.

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On January 8, 2026, Bitcoin's price trend experienced a significant correction. It broke below the $91,000 psychological level, with intraday declines approaching 3%. The latest quote is around $91,374.

Trending Topics

GateFun马勒戈币Surges1251.09%

GateSquareCreatorNewYearIncentives

NonfarmPayrollsComing

DailyMarketOverview

IstheMarketBottoming?

Hot Gate Fun

Myjx

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死了么

死了么

Sileme

死了么

包子

包子

Pin

Your First Words Matter! Share your first post on and split $10,000 in New Year rewards. Post with #My2026FirstPost to share your New Year wish 2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you! Ends on Jan 15, 2026, 16:00 UTC 2026 starts with this post!

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Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
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