Bitcoin compresses between $90K and $94K – A big move is brewing
The post Bitcoin compresses between $90K and $94K – A big move is brewing appeared on BitcoinEthereumNews.com.
Bitcoin’s attempted bullish move slowed days ago after BTC was rejected at $94k. Since then, Bitcoin has traded within a thin margin, holding between $90k and $93k, indicating a market at a critical point. At press time, the king coin traded at $90,739, down 0.12% on the daily charts. Amid this market stagnation, investors in the Futures market, especially whales, have reduced buy-side exposure. Bitfinex whales aggressively close Bitcoin longs Significantly, activities in the Bitcoin Futures market have heated up over the past days. In fact, according to CoinGlass data, there are more 2x longs than short positions on Bitcoin, reflecting a positive market perception. However, in a major shift, whales have started to reduce their exposure. Thus, Bitcoin whales on Bitfinex began repeating a classic bull signal, closing long positions in BTC. Source: Coinglass After a year of overall declining market exposure, whales are closing positions at a significantly higher rate. Historically, such market behavior has had major implications on BTC’s price movement, as it has preceded major price pumps. For instance, the last time Bitfinex whales closed longs, Bitcoin pumped +50% in 43 days and hit a new ATH of 112k. This followed major shorts getting liquidated. Therefore, if history is anything to go by, Bitcoin could see another major rally and clear all losses since October 2025. Market liquidity remains stacked on the short side Currently, BTC remains stuck between two major liquidation clusters, as per Coinglass’s Liquidation heatmap. As such, there are short liquidation zones between $91.8-92.2K and $93.8k-$94.2k. In this zone, if Bitcoin breaks above them, shorts will be forced to close, potentially triggering a short squeeze. Source: CoingGlass At the same time, there are long liquidation zones around $89k and $88k, and if BTC drops below either, liquidations could increase downside risk. However, market liquidity…
Filed under: News - @ January 11, 2026 10:07 pm