#数字货币市场回升 Recently, this trend is indeed frustrating.

The big bearish candlestick in October pulled liquidity out completely, and since then, it's been an endless downward trend. Now the price is almost back to the spike position at that time.

The January salary influx couldn't support the market, and now it is relying on the incremental funds from the December payday. The problem is that the retail investors' small amounts of money find it too difficult to turn around the trend.

That said, the chips brought up at the 86000 position should not be easily cut. It is highly likely that it will fluctuate repeatedly within this range. The resilience of Bitcoin's market is actually still present; it just depends on how long it can maintain this horizontal movement.

The key is still to monitor whether the support around 86000 is effective, as well as the duration of the sideways movement. These two signals will determine the subsequent direction.

The sideways consolidation during a downward trend often foreshadows a directional choice. Patiently waiting for structural signals is more reliable than blindly guessing the peaks and troughs.

Continuous observation: $BTC $M