<p>比特幣 [BTC] 從其 86000 美元的下跌中反彈，漲至 89497 美元的局部高點後略微回落。截至發稿時，BTC 交易價格為 89008 美元，日內上漲 0.93%。</p>
<p>隨着比特幣成功守住 88000 美元，市場向所有參與者發出了情緒逐漸轉變的信號。</p>
<h2>比特幣鯨魚增持 8900 萬美元的 BTC</h2>
<p>比特幣在長期移動均線下方的持續停留為投資者，包括鯨魚，創造了一個完美的買入窗口。</p>
<p>事實上，大型機構將這一市場下滑視為以折扣價購買比特幣的機會。</p>
<p>根據 Onchain Lens 的數據，一位鯨魚從 OKX 購買了 1000 BTC，價值 8920 萬美元，分兩批各 500 BTC。這位鯨魚在更廣泛的熊市結構中增持的舉動表明了看漲情緒。</p>
<p>有趣的是，這一鯨魚案例並非孤立，市場上的買入活動似乎正在恢復。</p>
<p>根據 CW 的數據，Binance 和 OKX 上的投資者增加了 BTC 的購買活動。在這些交易所，買家的數量顯著超過了賣家，無論是在現貨市場還是永續市場。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/btc-netflow.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-netflow.png"/></p>
<p>來源：CoinGlass</p>
<p>此外，比特幣的交易所淨流量在連續兩天保持正值後轉為負值。截至發稿時，現貨淨流量約為 4100 萬美元，表明流出增加，超過 25.5 億美元流出交易所。</p>
<p>通常，較高的流出和負淨流量表明買家主導了市場，取代了賣家。</p>
<h2>美國投資者拖累市場</h2>
<p>儘管 Binance 和 OKX 上的需求發出了恢復的信號，但美國投資者仍然保持看跌，Coinbase 記錄了增加的賣壓。</p>
<p>因此，BTC 的下行壓力來自 Coinbase，因為美國鯨魚和散户在任何小幅上漲時繼續賣出。這一點在負的 Coinbase 溢價指數中得到了進一步證實。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Bitcoin-Coinbase-Premium-Gap-scaled.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/Bitcoin-Coinbase-Premium-Gap-scaled.png"/></p>
<p>來源：CryptoQuant</p>
<p>事實上，該指數在過去 30 天內大部分時間保持負值，僅在兩次記錄了正值。</p>
<p>此外，美國現貨 ETF 在過去七天內僅記錄了一次淨流入。在 1 月 27 日，比特幣 ETF 記錄了超過 1.473 億美元的淨流出。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/btc-spot-etfs.jpeg?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-spot-etfs.jpeg"/></p>
<p>來源：Sosovalue</p>
<p>疲軟的 ETF 進一步表明，包括機構在內的美國投資者極為看跌，並積極在賣方市場中活動。這些市場條件進一步削弱了 BTC，使其面臨更多潛在損失。</p>
<h2>BTC 處於十字路口</h2>
<p>比特幣從 86000 美元的下滑中反彈，隨着需求在 OKX 和 Binance 上略微回升，尤其是來自鯨魚的需求。然而，BTC 未能維持任何顯著的漲幅，因為 Coinbase 投資者對市場施加了壓力。</p>
<p>比特幣的相對強弱指數（RSI）證實了這一市場狀況。該動量指標從三天前記錄的 35 躍升至截至發稿時的 46。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/btc-rsi.jpeg?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-rsi.jpeg"/></p>
<p>來源：TradingView</p>
<p>儘管 RSI 達到了這些水平，但仍處於看跌區間，表明買家的嘗試不足以觸發看漲反轉。這兩種相互矛盾的力量使 BTC 處於十字路口。</p>
<p>因此，要實現看漲反轉，Binance 和 OKX 的買家必須壓倒 Coinbase 的賣壓。這樣，比特幣將根據未來大趨勢指標重新奪回 93197 美元。</p>
<p>相反，當前市場條件的持續將使 BTC 在 88000 美元至 90000 美元區間內交易，86000 美元為關鍵支撐位。</p>
<hr/>
<h2>最終思考</h2>
<ul>
<li><em>一位比特幣鯨魚購買了 1000 BTC，價值 8920 萬美元，隨着需求在 Binance 和 OKX 上發出恢復信號</em></li>
<li><em>比特幣繼續面臨來自 Coinbase 投資者的強大下行壓力，ETF 記錄了 1.47 億美元的流出。</em></li>
</ul>

EZBC

IBIT

<p>比特幣從 86000 美元的低點反彈至 89497 美元的局部高點，目前交易價格為 89008 美元。一位鯨魚投資者購買了價值 8920 萬美元的 1000 個比特幣，儘管整體市場偏向看跌，但這表明了看漲情緒。在幣安和 OKX 上買入活動增加，與美國投資者在 Coinbase 上的賣出壓力形成對比，導致 Coinbase 溢價指數為負。比特幣的相對強弱指數（RSI）顯示出看漲反轉的買入動能不足，使得比特幣處於十字路口，交易區間在 88000 美元到 90000 美元之間，86000 美元為關鍵支撐位</p>

<p>Bitcoin [BTC] rebounded from its $86k dip, rising to a local high of $89,497 before slightly retracing. At press time, BTCtraded at $89,008, slightly up by 0.93% on the daily charts.</p>
<div class="lb-trans"><p>比特幣 [BTC] 從其 86000 美元的下跌中反彈，漲至 89497 美元的局部高點後略微回落。截至發稿時，BTC 交易價格為 89008 美元，日內上漲 0.93%。</p>
</div><p>With Bitcoin successfully defending $88k, the market signaled a gradual shift in sentiment across all participants.</p>
<div class="lb-trans"><p>隨着比特幣成功守住 88000 美元，市場向所有參與者發出了情緒逐漸轉變的信號。</p>
</div><h2>Bitcoin whale adds $89 million BTC</h2>
<div class="lb-trans"><h2>比特幣鯨魚增持 8900 萬美元的 BTC</h2>
</div><p>Bitcoin’s prolonged stay below its long-term moving averages has created a perfect buying window for investors, including whales.</p>
<div class="lb-trans"><p>比特幣在長期移動均線下方的持續停留為投資者，包括鯨魚，創造了一個完美的買入窗口。</p>
</div><p>In fact, large entities have taken this market slip as an opportunity to buy Bitcoin at a discount.</p>
<div class="lb-trans"><p>事實上，大型機構將這一市場下滑視為以折扣價購買比特幣的機會。</p>
</div><p>According to Onchain Lens, a whale purchased 1,000 BTC, worth $89.2 million, from OKX in two 500 BTC batches. The whale’s move to pile up during a broader bearish market structure indicated bullish sentiment.</p>
<div class="lb-trans"><p>根據 Onchain Lens 的數據，一位鯨魚從 OKX 購買了 1000 BTC，價值 8920 萬美元，分兩批各 500 BTC。這位鯨魚在更廣泛的熊市結構中增持的舉動表明了看漲情緒。</p>
</div><p>Interestingly, this whale case is not isolated, as buying activity seems to be recovering across the market.</p>
<div class="lb-trans"><p>有趣的是，這一鯨魚案例並非孤立，市場上的買入活動似乎正在恢復。</p>
</div><p>According to CW, investors on Binance and OKX have increased their BTC buying activity. In these exchanges, buyers have outpaced sellers significantly, both on the Spot and on the perpetual markets.</p>
<div class="lb-trans"><p>根據 CW 的數據，Binance 和 OKX 上的投資者增加了 BTC 的購買活動。在這些交易所，買家的數量顯著超過了賣家，無論是在現貨市場還是永續市場。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/btc-netflow.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/btc-netflow.png"/></p>
<p>Source: CoinGlass</p>
<div class="lb-trans"><p>來源：CoinGlass</p>
</div><p>Also, Bitcoin’s exchange netflow turned negative after holding positive for two consecutive days. At press time, Spot Netflow held around $41 million, indicating increased outflows, with over $2.55 billion flowing out of exchanges.</p>
<div class="lb-trans"><p>此外，比特幣的交易所淨流量在連續兩天保持正值後轉為負值。截至發稿時，現貨淨流量約為 4100 萬美元，表明流出增加，超過 25.5 億美元流出交易所。</p>
</div><p>Usually, higher outflows and a negative Netflow suggest that buyers have dominated the market and displaced sellers.</p>
<div class="lb-trans"><p>通常，較高的流出和負淨流量表明買家主導了市場，取代了賣家。</p>
</div><h2>U.S. investors hold the market back</h2>
<div class="lb-trans"><h2>美國投資者拖累市場</h2>
</div><p>Although demand on Binance and OKX has signaled recovery, U.S. investors have remained bearish, with Coinbase recording increased selling pressure.</p>
<div class="lb-trans"><p>儘管 Binance 和 OKX 上的需求發出了恢復的信號，但美國投資者仍然保持看跌，Coinbase 記錄了增加的賣壓。</p>
</div><p>Therefore, the downward pressure on BTC is coming from Coinbase, as U.S. whales and retail continue to sell on any slight gains. This is further evidenced by the negative Coinbase Premium Index.</p>
<div class="lb-trans"><p>因此，BTC 的下行壓力來自 Coinbase，因為美國鯨魚和散户在任何小幅上漲時繼續賣出。這一點在負的 Coinbase 溢價指數中得到了進一步證實。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Bitcoin-Coinbase-Premium-Gap-scaled.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/Bitcoin-Coinbase-Premium-Gap-scaled.png"/></p>
<p>Source: CryptoQuant</p>
<div class="lb-trans"><p>來源：CryptoQuant</p>
</div><p>In fact, the index has remained largely negative, only recording a positive value twice in 30 days.</p>
<div class="lb-trans"><p>事實上，該指數在過去 30 天內大部分時間保持負值，僅在兩次記錄了正值。</p>
</div><p>Coupled with that, U.S. spot ETFs recorded net inflows only once over the past seven days. On the 27th of January, Bitcoin ETFs recorded net outflows of over $147.3 million.</p>
<div class="lb-trans"><p>此外，美國現貨 ETF 在過去七天內僅記錄了一次淨流入。在 1 月 27 日，比特幣 ETF 記錄了超過 1.473 億美元的淨流出。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/btc-spot-etfs.jpeg" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/btc-spot-etfs.jpeg"/></p>
<p>Source: Sosovalue</p>
<div class="lb-trans"><p>來源：Sosovalue</p>
</div><p>Weakening ETFs further showed that U.S. investors, including institutions, were extremely bearish and active on the sell side. These market conditions additionally weaken BTC and leave it exposed to potentially more losses.</p>
<div class="lb-trans"><p>疲軟的 ETF 進一步表明，包括機構在內的美國投資者極為看跌，並積極在賣方市場中活動。這些市場條件進一步削弱了 BTC，使其面臨更多潛在損失。</p>
</div><h2>BTC at crossroads</h2>
<div class="lb-trans"><h2>BTC 處於十字路口</h2>
</div><p>Bitcoin bounced back from its $86k slip, as demand slightly rebounded on OKX and Binance, especially from whales. However, BTC failed to maintain any significant gains as Coinbase investors pressured through the market.</p>
<div class="lb-trans"><p>比特幣從 86000 美元的下滑中反彈，隨着需求在 OKX 和 Binance 上略微回升，尤其是來自鯨魚的需求。然而，BTC 未能維持任何顯著的漲幅，因為 Coinbase 投資者對市場施加了壓力。</p>
</div><p>Bitcoin’s Relative Strength Index (RSI) evidenced this market condition. This momentum indicator jumped from 35 recorded three days ago to 46 at press time.</p>
<div class="lb-trans"><p>比特幣的相對強弱指數（RSI）證實了這一市場狀況。該動量指標從三天前記錄的 35 躍升至截至發稿時的 46。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/btc-rsi.jpeg" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/btc-rsi.jpeg"/></p>
<p>Source: TradingView</p>
<div class="lb-trans"><p>來源：TradingView</p>
</div><p>Although the RSI reached these levels, it remained in the bearish zone, suggesting that buyers’ attempts were insufficient to trigger a bullish reversal. These two conflicting forces have left BTC at a crossroads.</p>
<div class="lb-trans"><p>儘管 RSI 達到了這些水平，但仍處於看跌區間，表明買家的嘗試不足以觸發看漲反轉。這兩種相互矛盾的力量使 BTC 處於十字路口。</p>
</div><p>Therefore, for a bullish reversal, Binance and OKX buyers must overwhelm Coinbase’s selling pressure. In doing so, Bitcoin will reclaim $93,197k, based on the Future Grand Trend Indicator.</p>
<div class="lb-trans"><p>因此，要實現看漲反轉，Binance 和 OKX 的買家必須壓倒 Coinbase 的賣壓。這樣，比特幣將根據未來大趨勢指標重新奪回 93197 美元。</p>
</div><p>Conversely, the continuity of the current market conditions will see BTC trade within the $88k-90k range, with $86k as key support.</p>
<div class="lb-trans"><p>相反，當前市場條件的持續將使 BTC 在 88000 美元至 90000 美元區間內交易，86000 美元為關鍵支撐位。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><h2>Final Thoughts</h2>
<div class="lb-trans"><h2>最終思考</h2>
</div><ul>
<li><em>A Bitcoin whale purchased 1,000 BTC, worth $89.2 million, as demand signaled recovery on Binance and OKX</em></li>
<li><em>Bitcoin has continued to face strong downward pressure from Coinbase investors, with ETFs recording $147 million in outflows.</em></li>
</ul>
<div class="lb-trans"><ul>
<li><em>一位比特幣鯨魚購買了 1000 BTC，價值 8920 萬美元，隨着需求在 Binance 和 OKX 上發出恢復信號</em></li>
<li><em>比特幣繼續面臨來自 Coinbase 投資者的強大下行壓力，ETF 記錄了 1.47 億美元的流出。</em></li>
</ul>
</div>

Bitcoin: Can $89 mln in whale buys help BTC clear its recent losses?

- 比特幣從 $86,000 反彈至 $89,497，現報 $89,008，日漲 0.93%。
- 大量鯨魚在市場下滑中購買比特幣，提升購買情緒。
- 美國投資者在 Coinbase 施加賣壓，導致市場持續弱勢。

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比特幣：鯨魚買入的 8900 萬美元能否幫助 BTC 彌補近期的損失？