Odaily星球日报讯 比特币今日短时跌破 98,000 美元，从历史高点下跌近 10%，投资者开始质疑牛市是否会持续。下跌的原因在于人们担心中国的 DeepSeek 人工智能超高效模型会以极低的成本与美国行业竞争。自特朗普赢得美国大选以来，比特币从 66,000 美元上涨至新高 109,000 美元。在这一波涨势中，比特币曾两次回调超过 15%，并经历了多次超 10%的下跌。此次比特币 10%的跌幅与之前的回调幅度大致相符。在牛市中，短期持有者成本基准是一个可靠的支撑指标，这一指标代表过去 155 天内比特币的链上移动平均成本。目前该水平约为 91,000 美元，这意味着如果比特币跌破这一点位，牛市可能面临压力。（CoinDesk ）

Odaily星球日报讯 比特币今日短时跌破 98,000 美元，从历史高点下跌近 10%，投资者开始质疑牛市是否会持续。下跌的原因在于人们担心中国的 DeepSeek 人工智能超高效模型会以极低的成本与美国行业竞争。自特朗普赢得美国大选以来，比特币从 66,000 美元上涨至新高 109,000 美元。在这一波涨势中，比特币曾两次回调超过 15%，并经历了多次超 10%的下跌。此次比特币 10%的跌幅与之前的回调幅度大致相符。在牛市中，短期持有者成本基准是一个可靠的支撑指标，这一指标代表过去 155 天内比特币的链上移动平均成本。目前该水平约为 91,000 美元，这意味着如果比特币跌破这一点位，牛市可能面临压力。（CoinDesk ）

分析：若比特币跌破9.1万美元，牛市或将面临压力

Odaily reports that Bitcoin fell below $98,000 for a short period today, dropping nearly 10% from its all-time high, and investors are starting to question whether the bull market will continue. The reason for the decline is that people are concerned that China's DeepSeek artificial intelligence super-efficient model will compete with the US industry at an extremely low cost. Since Trump's victory in the US election, Bitcoin has risen from $66,000 to a new high of $109,000. In this wave of gains, Bitcoin has corrected more than 15% twice and experienced multiple declines of over 10%. This 10% drop in Bitcoin is roughly in line with the previous correction range. In a bull market, the short-term holder cost basis is a reliable support indicator, representing the on-chain moving average cost of Bitcoin over the past 155 days. The current level is around $91,000, which means that if Bitcoin falls below this level, the bull market may face pressure. (CoinDesk)

Odaily reports that Bitcoin fell below $98,000 briefly today, dropping nearly 10% from its all-time high, as investors begin to question whether the bull market will continue. The decline is due to concerns that China's DeepSeek AI super-efficient model will compete with the US industry at extremely low cost. Since Trump's victory in the US election, Bitcoin has risen from $66,000 to a new high of $109,000. In this rally, Bitcoin has corrected more than 15% twice and experienced multiple declines of over 10%. This 10% drop in Bitcoin is roughly in line with previous corrections. In a bull market, the short-term holder cost basis is a reliable support indicator, representing the on-chain moving average cost of Bitcoin over the past 155 days. Currently, this level is around $91,000, meaning that if Bitcoin falls below this point, the bull market may face pressure. (CoinDesk)

Analysis: If Bitcoin falls below $91,000, the bull market may face pressure

Odaily reported that on January 20, driven by the optimistic sentiment surrounding President Trump's inauguration and the expectation of more crypto-friendly policies in the US, the price of Bitcoin reached a new high of $109,590. The anticipation of measures such as strategic Bitcoin reserve and increased regulatory transparency has stimulated speculative buying. However, Bitcoin was unable to maintain its momentum, retreating below the previous record high of $108,100, and is currently trading below $100,000. The correlation between Bitcoin and the S&P 500 index and Nasdaq index has reached a new high so far this year, highlighting Bitcoin's evolving status as a major risk asset. Nevertheless, despite the S&P 500 index reaching new highs last week, Bitcoin remains susceptible to news agendas, liquidity, and speculation. Similar to some other stock markets, Bitcoin reacted cautiously after the Bank of Japan's rate hike last week and continues to be closely correlated with the stock market.

Bitfinex Report: Bitcoin to Consolidate amid Declining Volatility

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According to Mars Finance news, on January 27, Standard Chartered Bank analyst Geoffrey Kendrick suggested buying Bitcoin when it dips, as the cryptocurrency is facing increasing correlation pressure with the Nasdaq. "Bitcoin's correlation with the Nasdaq is still very strong, much higher than its correlation with gold," said Kendrick, head of foreign exchange and digital assets research at Standard Chartered Bank. Kendrick pointed out that Nasdaq futures fell 3%, affected by news related to DeepSeek, which triggered a major overnight liquidation of <Altcoins>, further strengthening the link between <Altcoins> and the US tech stock sector. Kendrick said: "The risk now is that if the Nasdaq liquidation continues during US trading hours (and with Microsoft, Meta and Tesla earnings releases this Wednesday, as well as a potentially disappointing FOMC meeting), we may be approaching other key levels for Bitcoin." He added: "Specifically, the average purchase level of Bitcoin ETFs since the US election is now $96,400." Kendrick also discussed the crypto executive order issued by the Trump administration last week, which ordered a working group to assess the national digital asset reserve. He pointed out that this announcement has brought uncertainty to the market. Kendrick said: "I am disappointed in two aspects of this: 1. The term 'reserve' sounds more like confiscated assets than purchased assets. 2. The executive order has been issued, and any further clarification or action will require going through Congress, which may take some time." Kendrick said: "The 'despair/confusion' phase and the 'hope' phase have ended, reducing the risk in the Bitcoin market." He believes the next phase will be "buy the dip". Last week, Kendrick outlined three phases: "when hope disappears", "buy the dip", and "<Altcoin> alpha". In the second phase, he predicted that institutional capital will dominate the market, and reiterated Standard Chartered Bank's price target of $200,000 for Bitcoin and $10,000 for Ethereum, which are expected to be achieved by the end of this year.

Standard Chartered Bank analyst: Still expects Bitcoin price to reach $200,000 by the end of the year

BTC fell below $99,000, currently trading at $98,909.1, a 24-hour decline of 5.80%. The main reason may be that the Chinese artificial intelligence company Deepseek has developed a product that can compete with OpenAI at a very low cost, which has led to a bearish sentiment on Nvidia and dragged down the entire market. Coinglass data shows that in the past 24 hours, a total of 254,486 people were liquidated globally, with a total liquidation amount of $698 million, mainly long positions of $651 million. The largest single liquidation was...