2026-01-05 04:23:54

There are several noteworthy details in the recent two days of Bitcoin's price movement:

First is the price action. After breaking through the key resistance at 904, Bitcoin has consistently refused to let the price retest that level—this means that the bears have almost no chance to cover their positions and retreat. The price has been climbing upward, and if short sellers continue to hold their positions, they can only watch their losses grow until they are finally forced to liquidate. This kind of one-sided upward push usually indicates a clear capital intention behind it.

Second is the funding situation. The 180 million-level breakout funds from yesterday at 8 a.m. have not yet chosen to exit and cash out. Instead, every time the price experiences a slight pullback, this large fund immediately follows up to absorb and support the market—this is a typical sign of accumulation. Combined with the unilateral upward trend in price, it can be reasonably inferred that the main force is continuously accumulating chips, laying the foundation for subsequent market movements.

BTC0,39%

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ContractExplorer

· 01-08 03:11

The short sellers are really getting cut deep this time, not even giving a chance to breathe at 904... The main force's move is too aggressive, with 180 million still supporting the market, clearly laying the groundwork for the upcoming trend.

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FloorPriceWatcher

· 01-08 00:43

The bears got beaten up again, and this time they didn't even get a chance to recover... The big player with 180 million looks very skillful with this move, smoothly playing the game of supporting the market and absorbing funds.

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DAOplomacy

· 01-06 05:39

ngl the whole "main players accumulating" thesis is getting old... but that 180m support pattern does check some boxes. arguably the real question is whether this holds when retail actually wakes up to the move, right? historical precedent suggests these setups have non-trivial externalities when stakeholder alignment breaks down.

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LiquidationWatcher