Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
At the beginning of 2026, Bitcoin is experiencing a classic market psychological game as it attempts to break through the $100,000 mark. After reaching $98,100 on January 16, the price faced a clear correction and resistance, and now it is oscillating around $95,200. This pause may seem calm on the surface, but there are underlying currents — bulls and bears are accumulating strength within a narrow range, and a breakout could occur within the next two days.
To gauge the future direction, it’s helpful to observe the two opposing forces in the market: on one side, retail investors are taking profits at high levels. On-chain data shows that when the price hits a two-month high, some short-term holders (investors with positions held for less than six months) begin moving Bitcoin to exchanges in preparation to sell and lock in gains. This represents obvious short-selling pressure.
On the other side, institutional players are quietly positioning themselves. Large funds, represented by the US spot Bitcoin ETF, have not stopped buying. In just the first three days of this week, net inflows into such ETFs exceeded $1.7 billion. Continuous institutional buying acts like a protective floor for Bitcoin’s price, which also explains why the market’s enthusiasm wanes but the price does not collapse.
What lies ahead is a critical tug-of-war zone. Short-term profit-takers are eager to exit, while long-term investors are bottom-fishing. The ebb and flow of these forces will directly determine Bitcoin’s next trajectory.