#数字资产市场动态 Bitcoin reclaims the $97,000 mark, with a 24-hour increase of 1.65%, hitting a two-month high. The logic behind this rally is clear—shorts' net value concentrated in liquidations evaporated $275 million, market fear and greed index approaching the greed threshold with only a 6-point difference, and positive signals from the judicial side also reinforced the risk appetite rebound. The strong involvement of spot ETFs further fuels the rally, with capital inflows reaching $840 million, bringing demand back to levels seen before the sharp adjustment in October.



But here’s a note of caution. PPI data unexpectedly rose, and market expectations of Fed rate cuts are gradually dissipating, which will directly suppress the valuation logic of risk assets. From a technical perspective, this current rally is at best a rebound after the previous correction and far from forming a new complete upward trend. Support levels remain fragile and lack volume confirmation.

In the short term, next week's FOMC meeting and subsequent macroeconomic data releases will be the key. Whether this breakout can hold depends on two major variables: the dollar index and inflation expectations.
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ZeroRushCaptainvip
· 01-18 03:55
97,000? I must say, here we go again with the old trick of "rebound then reversal." Last time I believed it and got cut in half, and this time, honestly, it's just short sellers taking profits. We're retail investors just rushing along. Once the FOMC releases, it’s probably back to using the ATM card. The Federal Reserve hasn't even spoken yet, but the PPI is already stabbing us in the heart. Insufficient volume, fragile support—what it looks like in the nicest terms is "a false prosperity on the eve of a water check." My experience tells me—this is the time to operate in the opposite direction, wait for the next high point to cut again.
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HashRateHustlervip
· 01-16 21:46
Short squeeze is indeed satisfying, but can this rebound hold? It feels like just a false fire before the FOMC.
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orphaned_blockvip
· 01-15 10:13
97,000 is back again, is it a rebound or a reversal? I don't think so; the PPI cut is quite harsh.
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LayerZeroHerovip
· 01-15 10:08
It has been proven that a short squeeze of $275 million can push the price up so much. Is the volume confirmed? This rebound lacks confidence. Next week’s FOMC will be the real test.
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ForkThisDAOvip
· 01-15 09:55
Shorts evaporated by 275 million, sounds great, but this PPI directly bursts the Fed's rate cut dream. Let the rebound happen if it will, but let's wait for the FOMC decision.
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LostBetweenChainsvip
· 01-15 09:53
97,000 just want us to let our guard down? Ha, let's wait and see what the FOMC results are. --- Closing out shorts with 275 million is indeed satisfying, but we need to pay attention to the PPI issue. --- People going all-in now might regret it next week. --- The 840 million capital inflow looks substantial, but compared to the Federal Reserve's actions, it's still too fragile. --- Basically, it's a rebound, not a reversal. Don't be fooled by the greed index. --- If the dollar can't get through this hurdle, all technical analysis is useless. --- I just want to know what surprises the FOMC will bring; it's hanging in the balance. --- Insufficient volume; this support level will eventually break. --- Positive signals? There are signals everywhere now; let's wait for the concrete evidence. --- 97,000 isn't the key here; the key is whether inflation can really loosen.
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