2026-01-07 09:29:22

What happened when BTC dropped to $91,262.94 at 02:45 AM? On the order book, you can only see a few hundred coins, but the actual trading volume instantly absorbed 5,539 BTC. This is the power of iceberg orders — large institutions split and hide massive orders through algorithms, automatically filling in milliseconds whenever retail investors cut losses.

Market signals are very clear. Coinbase's premium data has turned positive from negative, indicating that buying power in the US market is awakening. Currently, it is the night before the release of the January 9 non-farm payroll data, and Western institutions are aggressively building positions at low levels amid panic. Simultaneously, major A-shares have hit a ten-year high, precious metals are rising together, and global assets are showing a resonance. Against the backdrop of a major liquidity restructuring in early 2026, the $91,000 line has become a "defense line" in the minds of institutions.

How to interpret the technicals? $91,541 is a key barrier — as long as this level holds, the overnight plunge is just a shakeout pattern. The first resistance above is at $94,789. Once trading volume supports stabilizing at this level, the pressure of $100,000 could truly be broken.

In plain terms, volume never lies. Understanding the logic behind this iceberg order of 5,539 BTC will help you judge whether it's a continuation of the shakeout or the start of a genuine rebound. The institutions' tailwind depends on these details.

BTC3,3%

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HashRateHermit

· 01-09 21:32

Iceberg orders are indeed a slick trick, retail investors can never defend against it every time. However, I need to see the signal of Coinbase premium turning positive a few more times before I believe it.

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AlwaysMissingTops

· 01-09 17:55

5539 tokens, the institutions are really showing no regard for manners this time. Our little bit of chips here is like a mosquito's leg.

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OneBlockAtATime

· 01-08 18:33

Iceberg orders are really easy for retail investors to get trapped... Institutions are using this method to shake out the market.

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BearHugger

· 01-08 18:19

The iceberg order system is really just a tool that institutions have thoroughly exploited. 5539 tokens swallowed in one go, retail investors are still watching the market, they've already been cut out. This time is different. The signal of Coinbase's premium turning positive definitely warrants attention. Before non-farm payrolls, Western players are taking the opportunity to buy the dip, and we can only follow the trend. What if we can't hold 91541? We'll have to go through another round of decline. That's the line we're betting on. Just wait, 94789 is the truly clear position, otherwise it's all fake. The institutions' tricks are just a few, just keep playing them repeatedly. The key is volume; trading volume can't be fooled. Whether this wave is a washout or a rebound, we need to see more. Just don't get scared out.

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HappyMinerUncle

· 01-07 09:58

The iceberg order strategy is something retail investors simply can't compete with. Let's see how long the 91,000 line can hold.

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HallucinationGrower

· 01-07 09:58

Haha, I've seen through the trick of iceberg orders long ago. It's just institutions playing the chicken game. Wait, trying to build positions on the eve of non-farm payrolls? That's an old trick, I've seen it many times last year. If 915,000 can't hold, then it's really going to get hit. Premium transfer is indeed a bit interesting, but who believes in A-share resonance? Whoever does will suffer losses. Just want to know if this 9.1 is a defensive line or the start of a rebound. Don't make it so complicated. 5539 coins, is that real? I feel like the market ratio is off. Just now looking at the trend, it feels like a quiet period before a big move. Whether it's a shakeout or a rebound, the key still depends on how the US market moves today.

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SilentObserver

· 01-07 09:57

Iceberg orders are back again, and this tactic is getting really old. It's always the same way, cutting a wave of retail investors each time. Institutions really know how to play; we'll just watch honestly. Whether 91.5 can hold is the key; everything else is just empty talk. On the eve of this non-farm payroll report, Westerners are definitely frantically accumulating positions, and retail investors are just waiting to be washed out. The shift from premium to positive premium is indeed interesting; it seems the US market is really waking up. The 100,000 mark feels like a hurdle that I don't think I can overcome this year.

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WhaleShadow

· 01-07 09:47

Iceberg orders, this trick, retail investors can never play it well... Watching the order book show a few hundred coins, but actually 5,539 coins are directly dumped in, this must be the feeling of being cut. Institutions are really ruthless, even on the night before non-farm payrolls they still mess around like this. Once Coinbase's premium turns positive, you'll know the US market is trying to bottom out. If the 91,000 defense line holds, it all depends on whether this level can support 91,541. The major A-shares hit a ten-year high, precious metals rise together, global resonance... Why does it feel like this liquidity reorganization plan is tightly controlled?

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SelfCustodyIssues

· 01-07 09:42

The iceberg order trick, retail investors always get cut, and they still think they've understood something... Really, on the eve of the non-farm payroll report, institutions are grabbing opportunities while we're just counting K-lines here? It's not really important whether the 91,000 line holds or not; what's important is who has more money. Does a shift to premium mean it's going up? I think it's a signal to sell... Stop talking about global resonance; it's just institutions harvesting, then telling us stories. 5539 BTC mysteriously disappeared. What does that mean? It shows that the things we can't see are always the most valuable. Are institutions riding the coattails? I feel like I'm on a bus heading straight off a cliff...

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