2026-01-15 14:23:04

US stocks just opened, and the market has already determined the winner and loser. Looking at price alone can be very misleading; only by combining on-chain data can we see the true picture.

**Bitcoin: The 97,000 Debate Between Reality and Illusion**

The current price is around 97,110, with a fluctuation range of 96,900 to 97,300. Looks like it’s about to break through? Don’t rush. Just after 21:00, the premium indicator of a major exchange started turning negative. To put it simply, US institutions are not buying aggressively; instead, retail investors are selling above 97,000. On the chart, a 15-minute K-line has already shown a bearish divergence, which is a warning sign. In the short term, chasing the rally carries high risk. If the price doesn’t hold above 97,500 before 22:30, beware of profit-taking and a potential sell-off during US stock trading hours. The real entry point should be around 95,500.

**Ethereum: Following the Trend, No Real Heat**

The price is 3,366. Over the past hour, on-chain Gas fees have remained stable, indicating no large funds are deploying or repositioning within the ecosystem. Ethereum is currently just passively following Bitcoin’s lead, moving at a "following the crowd" pace.

BTC-0.2%

ETH-0.56%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
7
Repost
Share

Comment

0/400

BakedCatFanboy

· 3h ago

97,000 at this level is really too fake; retail investors are still holding on while institutions have already left. Wait, what does it mean for Gas fees to be stable? Is no one paying attention to Ethereum anymore? If we can't break through that level at 22:30, we'll directly drop to 95… can't afford to gamble. On-chain data really doesn't lie; there are too many price scammers. Even with bearish divergence showing up, some people still dare to chase? Wake up, everyone.

View OriginalReply0

GasGrillMaster

· 3h ago

If you can't manage 97,500, then you should wait until 95,500 to act. Retail investors are now just the bagholders.

View OriginalReply0

MaticHoleFiller

· 3h ago

It's the same story again, retail investors are selling off while institutions are just watching the show. 95500 is the real sweet spot; those chasing now are just fools.

View OriginalReply0

NFTArchaeologis

· 3h ago

On-chain data is the real artifact, while price charts are just replicas... The current buy orders are indeed very fake.

View OriginalReply0

OnchainUndercover

· 3h ago

Here comes the bearish story again. Can we wait for a bottom at 95500? Jumping in now is just asking for death.

View OriginalReply0

CrashHotline

· 3h ago

It's the same story again; those who chase the price higher end up having to cut their losses.

View OriginalReply0

Frontrunner

· 3h ago

Here we go again, retail investors are still chasing 97,500 --- The term "bullish divergence" has become so common that it’s worn out; when the price truly drops, people often react too late --- Gas fees staying stable means no one is playing; that’s a very straightforward way to put it haha --- Is 95,500 the bottom? How do you know it won’t drop to 94,000 --- The US stock market started awkwardly chatting as soon as it opened; I’ve heard this kind of rhetoric for over a year --- Can we judge that institutions have run away just because the premium turns negative? The information gap is too big --- People waiting for 95,500 will probably sleep until next spring --- Go with the flow, that’s the way ETH is destined to be

View OriginalReply0