When BTC hovers continuously around the $90,000 mark, the market is filled with two voices: one saying that a correction is inevitable at high levels, and the other insisting on holding long positions. But the latest data shows that Bitcoin's current price has reached $91.74K, and the signals released at this level are far more complex than you might imagine.

**The Truth About Exhausted Selling Pressure**

Many investors habitually wait for a waterfall decline, believing that around $90,000 will be a temporary top. However, observing the market reveals a phenomenon: every attempt to dip is quickly absorbed. When negative news appeared two weeks ago, the market nearly touched $70,000 but then rebounded instantly. This is not a coincidence but a reflection of buy orders outside the market far exceeding expectations. All incoming sell orders are quietly absorbed by invisible hands, indicating that at this price level, the genuine demand side has become sufficiently strong.

**High-Level Rotation, Not Distribution**

What the market is currently doing is not simply a head-slam sell-off but a covert transfer of chips. Early holders who entered at $60,000 and short-term speculators watching the $90,000 level with trembling legs are being gradually shaken out of the market. Their chips are flowing into the hands of those who see $100,000 as a new starting point for incremental capital.

This seemingly calm sideways movement is actually a critical period for rebuilding market consensus. When the structure of holdings completes its blood exchange, and when new capital's psychological tolerance reaches new heights, even an insignificant bullish candle or a seemingly trivial news event could become the fuse igniting this energy-filled powder keg.

**Echoes of History**

Remember Bitcoin at $10,000? Back then, the market was also full of doubts, and investors were waiting for a correction. And what happened? Overnight, that once-unattainable price level became unreachable again. Today, the psychological test at $90,000 is essentially no different.

The current market is not a dead time but a countdown stage before ignition. Don’t wait until the real spark is lit to chase the price—by then, the rally could wipe out your entire year's losses, or vice versa.