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Bitcoin found buyers within the $91,500 risk zone. With the key support level regained, we are more likely to see a strong rebound to $98,000. On the BTC side, the support at $88,000 and resistance at $94,000 are important levels; breaking through $94,000 today or in the coming days will open up an upward range to $98,000-$110,000.
The ETF capital inflow on January 2nd is significant for BTC, with a net inflow of nearly $500 million. This large-scale capital inflow after continued selling indicates that market sentiment is beginning to recover, and the weekend's rise was also influenced.
Investment advice does not constitute any investment recommendation.
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