2026-01-17 06:26:01

Institutional liquidity has always been the backbone of the market, and this rebound wouldn't be possible without their push. However, in the past two days, trading activity has slightly declined, with the 24-hour turnover volume noticeably decreasing, which means short-term profit-taking has begun. Can you feel it? Although the market hasn't broken out, it has clearly entered a consolidation phase, with resistance levels both above and below on the hourly chart.

This is when the most testing of patience occurs—either wait patiently or risk getting trapped. BTC is currently facing two key levels: resistance at 96,500 above and support at 94,200 below. Whichever level gets broken first will largely determine the next direction. What do you all think? Do you believe BTC will break through 96,500 first or retest 94,200?

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CrossChainMessenger

· 53m ago

The decline in trading volume signals that things are really about to break down; it feels like big players have already started to run away.

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RugpullAlertOfficer

· 11h ago

When the trading volume drops, I know retail investors are about to buy the dip, while institutions are fleeing.

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LayerZeroJunkie

· 11h ago

When the trading volume drops, institutions start to run away. Face reality early, everyone.

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governance_lurker

· 11h ago

Hmm... with the turnover volume clearly declining, it seems institutions are waiting for the right moment.

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WagmiAnon

· 11h ago

When the trading volume plunges, the institutions have already run away, and retail investors like us are still debating support and resistance levels haha

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GraphGuru

· 11h ago

The decline in trading volume is getting interesting; it seems like big players are quietly withdrawing. Retail investors need to be cautious.

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LiquidityWizard

· 11h ago

The signal of declining turnover volume I noticed early on, the institutional players also need to take a break, everyone holding positions is just waiting. --- This 96,500 hurdle just won't get past, I bet it will first drop to 94,200. --- The most annoying part of the accumulation phase is not wanting to move at all, just waiting to be smashed. --- Psychological test? Haha, the biggest test at this time is whether to set stop-loss orders or not. --- A decline in turnover volume is a signal, most profit-taking has already happened, the next move will either be a sharp rise or a sharp fall. --- I think 94,200 won't hold, and the probability of a direct breakdown is higher.

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