BlockBeats News, January 18 — The crypto trading indicator analysis platform CoinKarma stated, "BTC surged to nearly $98,000 on Monday, but as it approached that level, the market experienced the most significant selling pressure in recent weeks, causing a slight pullback. However, overall liquidity between buyers and sellers has not shown a clear imbalance and remains relatively balanced.
Other key market indicators have not yet shown clear signals. Based on the current situation, long positions entered at the relatively low points at the beginning of the year may consider taking profits. They can choose to close all or part of their positions and wait for clearer signals before re-entering."
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Correction Halts Institutional Demand as ETFs Witness $348.83 Million Withdrawals - U.Today
Bitcoin ETFs experienced a significant withdrawal of $348 million amid declining institutional demand, reflecting a bearish sentiment in the market. Despite these outflows, BlackRock's ETF maintained its dominance.
UToday27m ago
XRP Price Prediction: Ripple Trades Below Key Moving Averages as the 20 Millionth Bitcoin Approaches and Pepeto Targets 267x Returns
Grayscale confirmed the 20 millionth Bitcoin will be mined in March 2026, leaving only 1 million BTC left to ever exist, and when 95% of a finite asset is already circulating, the scarcity narrative reshapes how every trader thinks about value.
The xrp price prediction shows Ripple at $1.37 b
CaptainAltcoin1h ago
The Origin Story of Sunny Lu: From a 100 BTC Scam to Building VeChain
VeChain’s Sunny Lu got into crypto after losing $300 on an unsuccessful 100 BTC purchase on Taobao, which led him to research Bitcoin.
Later, Lu used blockchain to track supply chains and launched VeChain in 2015 to target verification and enterprise applications.
The crypto journey of Sunny
CryptoNewsFlash2h ago
