2026-01-18 15:32:42

Recently, BTC's performance has been quite interesting. At the beginning of this week, it surged to nearly $98,000, approaching the round number threshold. Just as it was about to break through, a sharp sell-off occurred—one of the most significant selling pressures in recent weeks. Although the price experienced some retracement, it is still hovering around that high level.

From a market perspective, the forces of buyers and sellers are currently in relative balance, and there are no signs of significant liquidity imbalance. Other technical indicators also do not currently point to a clear direction.

In this situation, if you are a long-term holder who entered at a low point at the beginning of the year, now might be a good time to seriously consider taking profits. You can choose to close all positions or sell part of your holdings in batches, then wait for the market to give clearer signals before considering re-entry. Lock in profits when available; risk management should always come first.

BTC-3,25%

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ruggedSoBadLMAO

· 01-21 15:32

That level 98,000 is indeed fierce, hitting unexpectedly and catching me off guard.

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OnchainArchaeologist

· 01-21 15:30

Almost 98K was smashed down, this wave really has a knife-mouth but a tofu heart... --- Brothers who bought the dip at the beginning of the year should start to act now, don’t be too greedy, really. --- Buying in at 88K feels great now, but looking at this order book, it seems like there’s still a wave of washout. --- It’s again relatively balanced, and there are no clear signals, which means we just don’t know haha. --- I just want to know if it will break 100,000 or not, otherwise it’s all pointless. --- Take profit when there’s profit, that’s not wrong, it’s just a psychological barrier that’s hard to get over. --- Sell in batches? Not very realistic, I’ll either withdraw everything or go all in. --- The selling pressure at 98K is really fierce, it feels like the main force is testing the waters. --- With no technical signals, I’ll just treat it as consolidation, and take it as it is. --- Back to hovering at high levels again, extremely boring... I’ll wait for the next clear signal.

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LidoStakeAddict

· 01-20 06:42

This wave of sell-off was really fierce; even 98k didn't hold, which is a bit awkward. But to be honest, those with profits should really sell half now—don't be greedy.

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ImpermanentLossFan

· 01-19 19:12

The moment 98k was dumped, I knew it was time to sell. This wave of selling pressure is really extraordinary.

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HodlKumamon

· 01-18 16:01

At the moment of the 98K dump, I knew it. I should have reduced my position at 92K. Now, still hovering at high levels, it feels like riding a roller coaster. Looking at the data, there's really no clear direction. It's better to take profits in batches. Bearish sentiment thinks that greed at this time is making financial freedom even further away.

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DeFiVeteran

· 01-18 16:00

The 98K drop this wave is indeed fierce. I feel nervous for the brothers who entered the market at the beginning of the year. But to be fair, the saying "take profits when there's profit" is spot on. Many people just hold on stubbornly until they're finally trapped.

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SchrodingerPrivateKey

· 01-18 15:58

98K crashing so aggressively, it really tests your mental resilience. If you ask me, you should listen to this wave's advice—sell when you should, don't be greedy. Seeing it approach 100K and then getting hammered down, that feeling is honestly a bit upsetting.

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RugDocScientist

· 01-18 15:57

This wave of 98K dump is really fierce. You guys should have gotten out earlier.

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ExpectationFarmer

· 01-18 15:55

98k was smashed at the door, this wave is indeed fierce. But it seems to still be hovering at high levels, and hasn't given the bulls much of a sweet deal...

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HodlOrRegret

· 01-18 15:47

The 98k threshold is so tough, really hitting hard, the bears are gaining momentum. --- Once again with this profit-taking narrative, am I the only one who feels it's just about to take off? --- What does liquidity balance even mean, brother? Clearly it's accumulation. --- Selling in batches? No, this rhythm still feels promising. --- It looks like 98k is really a psychological barrier, bulls need to step up. --- Wait, is this a shakeout? Feels more complicated than that. --- Greedy people always pay the price; exiting timely is definitely the right move. --- When technical indicators are weak, it tests your mindset the most. I don't know who to trust anymore. --- Not breaking 98k is a bit awkward; is there still a chance it will rise later? --- Cash out and leave vs. bottom-fishing and adding more, this is the real dilemma.

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