Биткойн опустился ниже отметки 90 000 долларов, рост опасений по рискам усилил давление на восстановление

【Block Rhythm】Bitcoin price has been under continuous pressure recently, and the optimistic expectations from the start of the new year are gradually fading. As of January 8, bitcoin fell 2.4% within 24 hours, trading at $89,881, with the gains from the first week essentially completely erased. The shift in market sentiment is also reflected at the capital level — the daily liquidation scale across the entire network has exceeded $477 million.

The $90,000 psychological barrier appears particularly fragile. The chief analyst at a leading exchange pointed out that bitcoin’s break below this key level precisely reflects that the momentum driving the market at the beginning of the year is weakening. The new capital allocation and geopolitical tailwinds in early January originally provided support for the market, but judging from subsequent price movements, the sustainability of these positive factors is clearly insufficient to support a complete rebound.

A deeper issue lies in the obvious cooling of global risk appetite. Operational heads at some derivatives trading platforms analyze that although the market started the year well and structural tailwinds have been continuous, bitcoin is simply stuck above the $90,000 level, unable to achieve a breakthrough. The fundamental reason is that market risk-aversion sentiment continues to intensify — investors are waiting for the release of key macroeconomic indicators such as U.S. employment data, causing risk appetite to be significantly suppressed. This cautious attitude is directly reflected in the price action, with bitcoin frequently oscillating around the $90,000 level, occasionally breaking below it.

Changes in capital flows further confirm the market’s fatigue. Spot bitcoin ETFs have recently experienced capital outflows again, with U.S. spot bitcoin ETF single-day net outflows reaching $243 million, and this capital withdrawal undoubtedly reinforces the recent pullback pressure.