BTC pulls back after reaching $98,000. Bulls should consider this move.

SerumDegen · 2026-01-18T14:26:11+00:00

Recently, Bitcoin's price approached $98,000 and faced selling pressure for a pullback. Market liquidity remains balanced with no significant fluctuations. It is recommended that long positions established earlier this year consider risk management, take profits at appropriate times, and observe market direction.

SerumDegen

2026-01-18 14:26:11

Abstract generation in progress

【Blockchain Rhythm】 Recently, BTC has staged a small climax in the market — it approached $98,000 on Monday, but the market encountered quite a bit of selling pressure around that price level. The most obvious selling pressure in recent weeks occurred there, causing a slight pullback in the price.

However, from the overall situation, the liquidity on both the buy and sell sides has not shown significant issues, and it remains relatively balanced. Other key indicators also do not provide particularly clear signals.

For those long-term investors who started building positions at the beginning of the year, it might now be worth considering risk management — such as taking profits through partial or full liquidation, and waiting to see if a clearer market direction emerges. Instead of blindly adding positions, it’s better to secure profits first and wait for opportunities.

BTC-3,61%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

18 Likes

Reward
18
7
Repost
Share

Comment

0/400

MeaninglessApe

· 01-19 20:55

With such a fierce 98k dump, the brothers who entered the market earlier this year should start taking action now.

View OriginalReply0

SatoshiHeir

· 01-19 05:47

The $98,000 barrier is really a joke; it can't be broken through at all. On-chain data shows that this is a classic profit-taking zone—it's important to note that this is exactly the market self-regulation mechanism designed by Satoshi Nakamoto at work. The bulls need to wake up now.

View OriginalReply0

GweiTooHigh

· 01-18 14:50

98k dumping so aggressively, I should have run away earlier

View OriginalReply0

MetaMasked

· 01-18 14:49

98K got smashed? Come on, I think this is just a test, don't be so nervous.

View OriginalReply0

PessimisticOracle

· 01-18 14:47

Just because you want to scam me out of 98,000 and force me to sell, that's hilarious. Let's wait and see.

View OriginalReply0

DeFiGrayling

· 01-18 14:44

98,000 has been knocked down again. This time, it's really time to take action to protect profits. Don't be greedy.

View OriginalReply0

ZkProofPudding

· 01-18 14:37

98,000 has already been hit, and we still need to wait a bit longer for this wave... Instead of going all-in now, it's better to secure your gains first.

View OriginalReply0