BlockBeats News, January 18 — The crypto trading indicator analysis platform CoinKarma stated, "BTC surged to nearly $98,000 on Monday, but as it approached that level, the market experienced the most significant selling pressure in recent weeks, causing a slight pullback. However, overall liquidity between buyers and sellers has not shown a clear imbalance and remains relatively balanced.
Other key market indicators have not yet shown clear signals. Based on the current situation, long positions entered at the relatively low points at the beginning of the year may consider taking profits. They can choose to close all or part of their positions and wait for clearer signals before re-entering."
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
New Hampshire Bitcoin Bond Gets Ba2 From Moody’s
Moody’s assigned a Ba2 rating to New Hampshire's $100 million Bitcoin-backed bond, highlighting volatility risks and its reliance on 160% collateral in Bitcoin. This marks a significant step in integrating digital assets into traditional credit markets.
CryptoFrontNews6m ago
Riot wallet outflow adds to selling wave among listed Bitcoin miners
Arkham flagged a 500 Bitcoin outflow from a wallet it attributes to Riot Platforms on Wednesday, in a possible sale the company had not publicly commented on by publication time.
The Bitcoin (BTC) wallet outflow sale comes shortly after Riot posted record 2025 revenue of around $647 million,
Cointelegraph21m ago
Bitcoin snaps 5-month losing streak: Key BTC price levels to watch in April
Bitcoin (BTC) closed March in green, ending the longest monthly losing streak since 2018. Data suggests that the coming months may prove to be profitable for BTC.
Key takeaways:
Bitcoin ended March 2% higher, marking the first green monthly close in six months.
A similar streak in 2018/
Cointelegraph50m ago
