January 8th, Bitcoin exited the classic high-level consolidation pattern. The current price is around $90,200, down over 2% in 24 hours, and even briefly dipped below the $90,000 mark during the session. This wave of selling pressure is significant, the strongest since late December, directly wiping out positions of 13,780 people.



But interestingly, institutional buying has been quietly supporting behind the scenes. Bernstein remains firmly committed to a target price of $150,000 by 2026. From this perspective, the market is actually testing the bottom repeatedly at high levels—on one side, retail investors panic-selling, and on the other, institutional strategic positioning—creating a tense tug-of-war.

The future trend will heavily depend on macro policy directions and whether key price levels can truly hold. In such high uncertainty, the importance of observation becomes clear.
BTC1,36%
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SerNgmivip
· 01-11 13:13
Retail investors got cut again, institutions are bottom fishing, this routine has been played out 137,800 traders got liquidated, it’s a bit painful to watch Institutions say 150,000 and I’ll believe it? Let’s wait and see how macro policies are announced Whether the 90,000 level can hold is the real question, otherwise it’s all just talk Bernstein’s explanation is indeed a bit outrageous, who knows what will happen in 2026 High-level volatility is just a way to harvest, smart people can see through it What are we observing? It’s nothing more than watching who crashes harder Institutions quietly supporting? That just means the risk hasn’t passed yet
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TooScaredToSellvip
· 01-11 10:14
Oh my god, another crash. How many times have these institutional tactics been played? Retail investors are bleeding, big players are bottom fishing, and I'm just here watching the show. $150,000? Easy to say, let's see if you can survive until 2026 first. If you can't even hold $90,000, what are you bragging about... What are the institutions so confident about? Policies turn around and everything cools off. The script is just right, pulling and tugging like this every time. The macro trend is the real big daddy; technicals are all fake. If this wave breaks through $90,000, confidence will collapse even faster. Repeatedly testing the bottom is just repeatedly cutting the leeks; stop giving yourself fancy names. Over 130,000 accounts liquidated... Damn, this is just a casino.
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APY_Chaservip
· 01-09 16:20
Retail investors are being wiped out again, with 137,800 liquidations. How tragic is that? Institutions are eating up the chips, while we're dumping the market. The gap is too wide. 150,000 in 2026? Come on, let's see if we can survive until next year first. Can 90,000 hold? Feels like we need to keep testing the bottom. At this time, it all depends on macro factors; technicals are all fake. I just want to know when it will rebound. Stop with these irrelevant things. Are institutions really buying? Then I'll wait a bit longer; I can't run anyway. Retail investors' worst mindset is often the best opportunity, but I still dare not jump in. This drop is really fierce; it even broke through the integer levels during trading. Will there be another wave? Who believes Bernstein's target price? They're just attracting retail investors. Breaking the 90,000 integer level feels like it might test lower again. It’s painful. Everyone says institutions are supporting, so why is it falling so hard?
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shadowy_supercodervip
· 01-08 15:03
Institutions are eating retail investors; I've seen this script so many times before. It's either testing the bottom or strategic layout, in plain words, it's just a shakeout. $150,000? I doubt it. Let's first hold the $90,000 line. This wave of decline hurts, but it hasn't really fallen below my psychological price. When retail investors are cutting losses, the big players are buying up, an eternal truth. Macro policies are the real boss; technicals are just clouds. Over 13,000 people got liquidated, this number is terrifying... pretty harsh. I'll just watch quietly; as long as I can hold, there's hope. If the $90,000 level can't be held, it might get tough later. High-level oscillations are just harvesting, understand, everyone. Institutions say $150,000 is $150,000? If you believe that, you're fooling yourself. This selling pressure is indeed fierce, but I’m not afraid to buy the dip.
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ForkItAllvip
· 01-08 14:57
Institutions are accumulating at the bottom, while retail investors are fleeing at the top. This show is always the same every time. --- Is it just $90,000? I thought it would be cut in half directly. It seems the bulls haven't completely surrendered yet. --- Bernstein said it can reach 150,000, so I believe it can... Anyway, I can't run anymore haha. --- 138,000 people have been liquidated, how many billions of dollars of blood is that? It's a profit. --- Trying to bottom again? Or just repeatedly messing around? I really can't hold on anymore. --- Once macro policies are implemented, all technical analysis are just paper-thin. I bet 5 bucks that next week will be the opposite again. --- Retail investors panic and sell off, institutions calmly accumulate. This is always the routine. Why can't I learn it? --- With this uncertainty, I don't even know what to do anymore. Just lie down and wait. --- Even with a million liquidations, the 90,000 mark can't be broken. It shows someone is still holding at the bottom. --- The target price of $150,000... That’s a pipe dream for 2026. I'll wait until that day to see if I make it.
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SchroedingersFrontrunvip
· 01-08 14:49
Once again, over 130,000 people are wiped out, and institutions are smiling as they eat up the chips. Retail investors fleeing, institutions accumulating, this show is played out very skillfully. Can the 90,000 key price levels hold? It's really uncertain. Institutions are holding on tightly, so let's hold on just as tightly. Repeatedly testing the bottom at high levels, I think it's just a shakeout. Bernstein is so optimistic, but I always feel that 2026 is still too far away. A shift in macro policy can cause a sky-high crash in no time. Under such high uncertainty, everyone dares not to hold heavy positions. Retail investors are once again confused by the sell-offs; this is probably the market's routine operation.
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TestnetNomadvip
· 01-08 14:40
137,800 people were directly smashed, and the scene is really intense now. Institutions are eating up the chips, retail investors are screaming, is this the market? Haha. How to hold the $90,000 level is the key. Bernstein looks confident, should I believe it or not... Repeatedly testing the bottom at high levels, let's wait for the policy trend, everyone. This wave of selling pressure is indeed fierce; there should be quite a few who cut losses. But thinking about how institutions are still buying on the other side, I can feel more at ease. Let's observe, anyway, it can't run away.
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just_another_walletvip
· 01-08 14:33
Did you blow up your position again? Retail investors are being harvested once more, while institutions are secretly eating up the gains behind the scenes. Institutions are really ruthless, watching us cut losses while accumulating coins. Calling a target price of $150,000 is pure psychological warfare. Can the $90,000 level hold? It seems macro policies are the real game-changer. When will retail investors learn to be smart? It's always the same套路. Institutional strategic布局... Basically, they’re just waiting for us to all cut our positions, no problem. This wave of market movement really depends on macro factors; just looking at technicals is useless. Unwavering target price, but my holdings have already wavered long ago, haha.
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