2025-12-31 18:21:43

Recently, I've been discussing BTC trends with everyone, and I'm increasingly understanding what "aesthetic fatigue" really means — watching the market every day is like watching the same drama, with the protagonist pacing back and forth between 86,000 and 90,000, and the plot not progressing at all. A few days ago, I confidently analyzed and said, "86,000 is the bottom line, breaking through 90,000 will definitely lead to a big rally." Now looking back at my previous stance, I feel a bit embarrassed.

Yesterday, a classic scene played out again: the bulls pushed up to 89,800, then suddenly turned around; the bears tried to break below 86,500, but then rebounded. This kind of "false breakout → quick pullback" has happened several times in a row. I suddenly realized: this isn't really a market testing direction, but rather both bulls and bears are playing a "delaying game."

Why is this happening? Thinking deeper, the logic is quite clear. Chinese New Year is just around the corner, and neither side wants to clash head-on at this time. For the bulls, pushing higher now would be too costly — retail investors want to lock in profits, and if they push up further, the selling pressure will be fierce. For the bears, smashing the price down isn't worthwhile either; if they break below 86,000, institutions might seize the opportunity to buy the dip, creating a chance for the bulls to counterattack.

So, both sides have reached some kind of "gentleman's agreement": to test each other within this range first, without taking any real risks, and wait until after the Chinese New Year to see the real move. When the bulls approach 90,000, they choose to retreat and not push hard; when the bears hit around 86,000, they stop short and don't smash aggressively. This is completely different from the usual "either surge or crash" temperament.

This deadlock is actually quite interesting, reflecting the mindset of the entire market participants — everyone is waiting for a signal, for an event or data before the New Year that could change the overall situation. Until then, this range is a "tug-of-war" field for traders and institutions.

BTC1,27%

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New_Ser_Ngmi

· 9h ago

Hey, the "procrastination" of the Spring Festival market, I give in haha I saw clearly the recent dip to 89,800 seconds yesterday, it's a game of bulls and bears hiding and letting each other play Waiting until after the Spring Festival is the real battle; right now, no one wants to take on this position

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BlockTalk

· 2025-12-31 18:51

Chinese New Year this time period is truly exceptional, with both bulls and bears just coasting along This oscillation between 86-90 is completely meaningless, just a waste of time I’ve also seen your "86 bottom line" judgment, haha don’t be embarrassed, who hasn’t said some nonsense before Wait until after the Chinese New Year to see, all current guesses are just wild guesses It feels like the entire market is on pause, so dull The institutions are really playing the "gentlemen’s agreement," retail investors are still hesitating here --- I have a premonition that there will be action after the holiday, so just play it safe and lie low now --- So, even trading the breakout is pointless right now, just hold this range and wait for signals --- Haha, really, every day is the same script, watching it repeatedly makes me want to vomit --- Both bulls and bears are scared, the Chinese New Year effect is indeed significant

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SelfStaking

· 2025-12-31 18:44

Ha, the Spring Festival market is really just a "celebratory blockbuster" with no plot at all. I'm already tired of the 86000-90000 range; both bulls and bears are just acting out a show. Even the author is awkward now; this analysis is a bit off track. Wait, so the real market is after the Spring Festival? Then right now is just a pure time killer. The analogy of a gentleman's agreement is spot on; the market is now just "sleeping together." Honestly, during this stalemate period, it's easiest to get confused by a sudden plunge at night. You still need to stick to your stop-loss. Both sides are waiting for signals, and it feels like the next black swan is about to arrive. I also watch the charts every day, bouncing between two numbers—it’s really exhausting. Range-bound oscillation is actually most friendly to short-term traders; it all depends on who can catch those few testing attempts.

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ContractTester

· 2025-12-31 18:25

Before the Spring Festival, this "Gentlemen's Agreement" is really incredible; both bulls and bears are just acting out a show. 86000 to 90000, just this kind of tug-of-war back and forth, it's making me sleepy. We were promised a breakthrough beyond 90000 for a big rally, but it quickly pulled back. I just can't understand this market anymore. What are the institutions waiting for? Or are they all waiting for a big move after the Spring Festival? Retail investors taking profits and exiting, I understand, but if this keeps up, no one will make any money. But on the other hand, this kind of stalemate might actually be a good time to build positions. Anyway, there probably won't be any major moves before the Spring Festival, so I'll just keep dollar-cost averaging.

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NotAFinancialAdvice

· 2025-12-31 18:24

It's all the fault of the Spring Festival, both bulls and bears are just loafing around --- Really, this wave is just waiting for the Spring Festival to pass, no one wants to do anything --- The matter of 86 to 90, honestly, no one wants to get serious --- The saying "gentleman's agreement" is brilliant, I understand the secret signals between bulls and bears --- Watching this market every day, I really suffer from aesthetic fatigue and start to doubt life --- I've also been slapped in the face by my previous judgments, feeling a bit social anxiety --- How long will this fake breakout and quick pullback pattern last? So annoying --- In this game of institutions and retail investors, who dares to confront head-on before the Spring Festival? --- This is a tug-of-war, a playground for traders, let's just watch the show --- Basically, it's a matter of cost, bulls can't break through, and bears can't push down either --- Wait, so this market really has no direction at all? --- The Spring Festival at this time is really annoying, nothing can be moved

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