2026-01-08 14:33:27

The market on January 8th is quite interesting—Bitcoin repeatedly struggled around $90,000, even breaking below this level in the early session, but now it’s basically stable above $90,000, with a 24-hour decline of about 1.7%.

The source of this adjustment is not hard to find: recent major events combined with US employment data falling short of expectations directly burst the market’s hope for a rate cut by the Federal Reserve in January. Risk assets came under pressure, coupled with ETF funds quietly withdrawing, leading to a clear short-term correction.

But don’t be too pessimistic. Whether the $88,000 line can hold is crucial—holding it increases the probability of a rebound. From a longer-term perspective, institutional funds are still flowing in continuously, and there are no bad news on the policy front. Analysts generally expect the average price in 2026 to be around $110,000, with some optimistic estimates reaching a high of $150,000.

Overall, this remains a solid bull market pattern; short-term fluctuations won’t change the big picture. For those who can hold steady, this kind of correction is actually an opportunity to get in.

BTC-0,56%

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GateUser-addcaaf7

· 01-11 00:22

The 90,000 level has been held several times, feeling a bit exhausting... Really, are institutions still buying? Why does it seem like funds are actually fleeing... Wait, if employment data is poor, there won't be a rate cut? Does this logic hold? If 88,000 breaks, it will really be troublesome for us, don't just talk about a bull market. A pullback is an opportunity, but people without money can only watch. It's easy to say, but not many can actually stay steady. If this wave can't rebound, 110,000 will be too mocking.

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rug_connoisseur

· 01-08 15:03

90,000 this threshold is really a bit annoying, both sides are testing, anyway I just hold on stubbornly and see who can't hold it anymore haha --- If 88,000 breaks, I’ll go all in immediately. At times like this, you can see who truly believes in the bull market and who just talks about it --- Starting to talk again about institutional entry and long-term optimism, I’ve heard this set of words at least a hundred times, just want to know why it’s still falling --- That dip in the early trading almost broke my mentality, but luckily I didn’t cut, feels like the bottom is right here --- Does anyone really believe in 150,000? I bet 5 bucks the analyst is just making up stories --- No, why can a single statement from the Federal Reserve cause such a drop? The market is too fragile --- Adjustment? I call this a shakeout, big players are clearing out the leeks, just wait to buy in, brothers

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SoliditySlayer

· 01-08 15:02

90,000 this threshold is really a bit annoying, just want to stabilize it Both ETF withdrawals and employment data, why cause so many disturbances If I can't hold 88,000, I'll just give up Institutions are still entering, I believe that, I'm just bottom-fishing 2026, 110,000? That's a joke, I think 150,000 is even too low Is a pullback an opportunity? Haha, I've heard this argument too many times Short-term, this 1.7% drop feels like it’s not over yet Let's see if 88,000 can hold, if not, we'll keep going down This round of adjustment, to put it simply, is still about the Federal Reserve.

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LayoffMiner

· 01-08 15:00

If we can't hold on to 88,000, we're doomed. Let's wait and see.

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Ramen_Until_Rich

· 01-08 14:58

The 90,000 level keeps fluctuating back and forth, which is exhausting to watch. But honestly, if 88,000 can't hold, it would be a bit scary. Considering that institutions are still secretly entering the market, I choose to stay flat. Anyway, I am a die-hard holder. The ETF divestment issue is indeed a bit annoying, but in the long run, the old saying still applies — dips are the best buying opportunities. I believe half of the 2026 target of 110,000, but 150,000? Just hear it and forget it haha. Short-term volatility is indeed annoying, but it doesn't change the overall direction. Keep eating noodles and wait for the day to turn around.

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