<p>從整體來看，市場似乎正在形成底部。</p>
<p>從情緒的角度來看，市場反彈了大約 20 點，從 “恐懼” 區間中走出。值得注意的是，這一變化在風險資產中得到了明顯反映，整體市場上漲了約 7%。</p>
<p>在這種背景下，比特幣 [BTC] 價格在$90k 附近的整理看起來是積極的，類似於教科書中的整理區間，這最終可能為六位數水平鋪平道路。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/BTCUSD_2026-01-07_12-12-09.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/BTCUSD_2026-01-07_12-12-09.png"/></p>
<p>來源：TradingView (BTC/USDT)</p>
<p>也就是説，期待一個乾淨、線性的上漲仍然顯得為時尚早。</p>
<p>在 1 月 6 日，比特幣價格下跌了$3k，留下了一個長長的下影線，接近$91k。</p>
<p>結果？又一次流動性掃蕩，觸發了近$4.4 億的總清算，其中約 70% 的損失來自多頭頭寸。</p>
<p>本質上，比特幣尚未完全擺脱其波動性。在這種情況下，關注流動性至關重要。從目前的情況來看，比特幣價格可能仍需獲取更多流動性，才能發生適當的反轉。</p>
<h2><strong>比特幣價格下方的弱買盤信號謹慎</strong></h2>
<p>比特幣價格與市場流動之間的背離變得越來越明顯。</p>
<p>在宏觀層面上，比特幣 ETF 打破了過去兩天的資金流入趨勢，五個 ETF 的淨流出為$2.44 億。實際上，這標誌着 2026 年的首次淨流出，顯示出機構買盤疲軟。</p>
<p>與此同時，比特幣主導地位 [BTC.D] 已經出現了三週的下跌，而整體市值仍在攀升。這一反向走勢表明資金正在流入其他幣種，限制了比特幣價格的上漲。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/BTC.D_2026-01-07_12-36-34.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/BTC.D_2026-01-07_12-36-34.png"/></p>
<p>來源：TradingView (BTC.D)</p>
<p>綜合來看，這一形勢表明我們尚未達到比特幣的底部。</p>
<p>為什麼這很重要：比特幣價格下方的買入支撐仍然疲軟，使長期交易者承壓。確實，比特幣在保持$90k 後吸收了大部分下行流動性，但尚未形成明確的底部。</p>
<p>在這種情況下，比特幣在進一步上漲之前可能會出現回調。</p>
<p>首先，比特幣需要對$90k 進行一次乾淨的重新測試，以穩定價格並清除過度暴露的多頭，之後通往$95k 附近的短期阻力的道路將會打開，為潛在的六位數水平的上漲奠定基礎。</p>
<hr/>
<h2><strong>最終思考</strong></h2>
<ul>
<li><em>比特幣價格尚未形成明確的底部，買入支撐疲軟，多頭頭寸面臨風險；回調至$90k 是可能的。</em></li>
<li><em>流入其他幣種的資金限制了比特幣，但一次乾淨的$90k 重新測試可能為向$95k 及最終六位數水平的上漲奠定基礎。</em></li>
</ul>
<hr/>

GBTC

<p>比特幣的價格正在 consolidating 在 90,000 美元左右，顯示出向六位數水平潛在上升的跡象。然而，最近的波動性以及對 4.4 億美元的重大流動性掃蕩，主要影響了多頭頭寸，這表明需要謹慎。市場正經歷來自比特幣 ETF 的 2.44 億美元的淨流出，顯示出機構興趣疲軟。在可能上漲至 95,000 美元之前，回調至 90,000 美元是很可能的，因為目前資金流入山寨幣限制了比特幣的增長。總體而言，比特幣尚未形成明確的基礎，使得長期交易者面臨壓力</p>

<p>Zooming out, the market appears to be forming a bottom.</p>
<div class="lb-trans"><p>從整體來看，市場似乎正在形成底部。</p>
</div><p>From a sentiment standpoint, the market has rebounded by roughly 20 points, thereby moving out of the “fear” zone. Notably, this shift is clearly reflected across risk assets, with the TOTAL market rising by around 7%.</p>
<div class="lb-trans"><p>從情緒的角度來看，市場反彈了大約 20 點，從 “恐懼” 區間中走出。值得注意的是，這一變化在風險資產中得到了明顯反映，整體市場上漲了約 7%。</p>
</div><p>Against this backdrop, Bitcoin [BTC] price consolidating around $90k appears constructive, resembling a textbook consolidation range that could ultimately pave the way toward six-figure levels.</p>
<div class="lb-trans"><p>在這種背景下，比特幣 [BTC] 價格在$90k 附近的整理看起來是積極的，類似於教科書中的整理區間，這最終可能為六位數水平鋪平道路。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/BTCUSD_2026-01-07_12-12-09.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/BTCUSD_2026-01-07_12-12-09.png"/></p>
<p>Source: TradingView (BTC/USDT)</p>
<div class="lb-trans"><p>來源：TradingView (BTC/USDT)</p>
</div><p>That said, expecting a clean, linear move higher still feels premature.</p>
<div class="lb-trans"><p>也就是説，期待一個乾淨、線性的上漲仍然顯得為時尚早。</p>
</div><p>On the 6th of January, Bitcoin price dropped $3k, leaving a long lower wick down near $91k.</p>
<div class="lb-trans"><p>在 1 月 6 日，比特幣價格下跌了$3k，留下了一個長長的下影線，接近$91k。</p>
</div><p>The result? Yet another liquidity sweeptriggered close to $440 million intotal liquidations, with roughly 70% of the losses incurred by long positions.</p>
<div class="lb-trans"><p>結果？又一次流動性掃蕩，觸發了近$4.4 億的總清算，其中約 70% 的損失來自多頭頭寸。</p>
</div><p>In essence, BTC has not yet fully shaken off its volatility. In this context, keeping an eye on liquidity is key. And from the looks of it, the Bitcoin price may still need to grab more liquidity before a proper reversal can happen.</p>
<div class="lb-trans"><p>本質上，比特幣尚未完全擺脱其波動性。在這種情況下，關注流動性至關重要。從目前的情況來看，比特幣價格可能仍需獲取更多流動性，才能發生適當的反轉。</p>
</div><h2><strong>Weak bid under Bitcoin price signals caution</strong></h2>
<div class="lb-trans"><h2><strong>比特幣價格下方的弱買盤信號謹慎</strong></h2>
</div><p>The divergence between Bitcoin price and market flow is becoming clear.</p>
<div class="lb-trans"><p>比特幣價格與市場流動之間的背離變得越來越明顯。</p>
</div><p>At the macro level, BTC ETFs have broken the inflow streak of the past two days, posting a Net Outflow of $244 million across five ETFs. In fact, this marks the first net outflow of 2026, signaling a weak institutional bid.</p>
<div class="lb-trans"><p>在宏觀層面上，比特幣 ETF 打破了過去兩天的資金流入趨勢，五個 ETF 的淨流出為$2.44 億。實際上，這標誌着 2026 年的首次淨流出，顯示出機構買盤疲軟。</p>
</div><p>Meanwhile, Bitcoin dominance [BTC.D] has broken down with three red weeklies, while the TOTAL market cap continues to climb. This inverse move indicates capital is flowing into alts, putting a cap on Bitcoin price.</p>
<div class="lb-trans"><p>與此同時，比特幣主導地位 [BTC.D] 已經出現了三週的下跌，而整體市值仍在攀升。這一反向走勢表明資金正在流入其他幣種，限制了比特幣價格的上漲。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/BTC.D_2026-01-07_12-36-34.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/BTC.D_2026-01-07_12-36-34.png"/></p>
<p>Source: TradingView (BTC.D)</p>
<div class="lb-trans"><p>來源：TradingView (BTC.D)</p>
</div><p>Taken together, the setup suggests we’re not yet at a BTC bottom.</p>
<div class="lb-trans"><p>綜合來看，這一形勢表明我們尚未達到比特幣的底部。</p>
</div><p>Why it matters: Buying support under the Bitcoin price remains weak, keeping long-term traders under pressure. Sure, BTC has absorbed most of the downside liquidity after holding $90k, but it hasn’t formed a clear base yet.</p>
<div class="lb-trans"><p>為什麼這很重要：比特幣價格下方的買入支撐仍然疲軟，使長期交易者承壓。確實，比特幣在保持$90k 後吸收了大部分下行流動性，但尚未形成明確的底部。</p>
</div><p>In this context, a pullback looks likely before Bitcoin can push higher.</p>
<div class="lb-trans"><p>在這種情況下，比特幣在進一步上漲之前可能會出現回調。</p>
</div><p>First, BTC needs a clean retest of $90k to stabilize price and shake out overexposed longs after which the way toward near-term resistance around $95k opens up, setting the stage for a potential run toward six-figure levels.</p>
<div class="lb-trans"><p>首先，比特幣需要對$90k 進行一次乾淨的重新測試，以穩定價格並清除過度暴露的多頭，之後通往$95k 附近的短期阻力的道路將會打開，為潛在的六位數水平的上漲奠定基礎。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><h2><strong>Final Thoughts</strong></h2>
<div class="lb-trans"><h2><strong>最終思考</strong></h2>
</div><ul>
<li><em>Bitcoin price hasn’t formed a clear base yet, with weak buying support and long positions at risk; a pullback toward $90k is likely.</em></li>
<li><em>Capital flowing into altcoins is capping Bitcoin, but a clean $90k retest could set the stage for a move toward $95k and eventually six-figure levels.</em></li>
</ul>
<div class="lb-trans"><ul>
<li><em>比特幣價格尚未形成明確的底部，買入支撐疲軟，多頭頭寸面臨風險；回調至$90k 是可能的。</em></li>
<li><em>流入其他幣種的資金限制了比特幣，但一次乾淨的$90k 重新測試可能為向$95k 及最終六位數水平的上漲奠定基礎。</em></li>
</ul>
</div><hr/>
<div class="lb-trans"><hr/>
</div>

比特幣——清算數據對 BTC 價格的預測如下