BTC consolidates above 90,000, MicroStrategy aggressively buys $9.6 billion, but is the European session the main culprit for the sell-off?

Question

[Crypto World] BTC has been hovering around $90,400 lately. After that big drop in November, the market is finally catching its breath. Interestingly, data shows that the main selling pressure last month actually came from the European session.

MicroStrategy made another move, and this one’s big—they spent $963 million to buy 10,624 BTC, their most aggressive accumulation in over three months.

On-chain sentiment remains bearish, but traders are all watching one thing: can the price break into the $94,000-$98,000 range? Another key point is that liquidity in Europe is tight ahead of the Federal Reserve’s rate meeting. Will BTC continue to be suppressed?

In the short term, these two factors could determine the next move.

GasFeeCry · Accepted Answer

MicroStrategy's move is really impressive. Investing 9.6 billion like that, I think they're committed to accumulating to the end.

Europe is causing trouble again, continuously dumping the market, I'm also speechless.

Can this push reach 9.4? Honestly, I have no confidence.

No one dares to move before the Federal Reserve meeting, just waiting.

ZenZKPlayer · Answer

Is the European market crashing again? Really, these guys cause trouble as soon as night falls.

Micro's move this time is really ruthless, a 960 million buy-up... I just want to see if I can catch the bottom.

The 9.4-9.8 range is unstable; when European liquidity tightens, we get hit.

The air on the chain is so thick, it's actually kind of interesting.

Let's wait for the Federal Reserve meeting; holding positions now is just playing into their hands.

This pace, it seems like we need to stay on the sidelines for a short while.

Micro's aggressive accumulation at least shows someone still has confidence in the future market.

Europe is really a problem... used to crash the market so often now.

Nothing special about 90,000; better to wait here for an opportunity.

How long can this bearish sentiment last? I can't bet on it.

CodeSmellHunter · Answer

Alright, MSTR's accumulation this time is really aggressive, basically betting that the Fed won't stay hawkish.

Europe is really a drag; poor liquidity and always dumping. Can 9.4-9.8 be broken? Feels unlikely.

Is MSTR's move this time meant to boost market confidence?

Oscillating around 90,000 is really exhausting, just hoping the Fed gives us a signal.

The European session dumping is honestly ridiculous, why do they have to mess with us?

SleepTrader · Answer

MicroStrategy sure has some guts, throwing in $963 million all at once, afraid the price will go up without them.

These Europeans are really ruthless, professional dumpers, let's see how the Fed meeting ends.

The 94,000 level is hard to break through, feels like it'll consolidate for a while.

GateUser-2fce706c · Answer

Others are dumping while I’m accumulating coins—that’s the wealth gap right there. I've said before, this pullback is the best entry opportunity. Look at how aggressive MSTR is. If you’re still hesitating between 9.4 or 9.8, you’re missing the point.

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European session dump? I’ve said it before—during liquidity crunches, you need to think contrarian. Opportunities like this don’t come often. Once the Fed has its meeting, you’ll understand the bigger trend.

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MicroStrategy just scooped up $960 million and you’re still watching charts? Bro, your perspective is too short-term. This is about positioning for the future.

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Seriously? Still debating whether to press down the price? You’d be better off figuring out how to buy the dip. First-mover advantage always goes to those who keep an eye on every opportunity.

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European liquidity crunch is actually an opportunity. You know what they say: be greedy when others are fearful. If not now, then when?

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The 9.4 to 9.8 range? I’m focused on the high point three months from now. Short-term fluctuations are just noise—the real wealth lies in understanding the big picture.