Analysis: Unless there is a significant increase in capital inflows, Bitcoin (BTC) will consolidate around $100,000 for a longer period of time.

BTC plunged to $94,000 this morning, and some analysts pointed out that unless there is a surge in capital inflows, BTC may stay at $100,000 for a long time. But the founder of 10x Research believes this may just be a brief consolidation phase before the Bull Market recovers momentum. (Synopsis: Massacre!) BTC big Long Wick Candle $94150, ETH killed $3500, 560,000 Get Liquidated $1.7 billion "the second worst in history") (Background supplement: flash crash after BTC broke $100,000!) Multiple indicators warn of BTCpullback: excessive leverage, slowing down buying... BTC (BTC) briefly rose above the $100,000 barrier last night before being hit by a sell-off, rocking for hours after falling from a high of $100,424 to $98,000 late yesterday night, and further widened Long Wick Candle to $94,000 at 5 a.m. this morning, with a maximum drop of 6.4%. The writer is now back up to $97,239, narrowing the decline to 1.83% in the past 24 hours. Ethereum (ETH), which went from $3,945 late at night, also crashed to $3,465 in the early morning, with a maximum drop of 12%. The huge Fluctuation has bloodied the market, and the overall market capitalization of the cryptocurrency has lost nearly $200 billion in the past 24 hours to about $3.6 trillion. GMCI Small Cap, an index of composite small coins, tumbled more than 15%, one of the biggest declines of the year. Opinion: BTC will stagnate at $100,000 for a long time Bloomberg reported that in response to this round of cryptocurrency dumping, it seems that Trump's election has triggered investors' carnival sentiment towards the industry to begin to cool. Charlie Morris, chief investment officer of asset manager ByteTree, analyzed that unless the inflow of funds surges, BTC may stay at $100,000 for a long time. $100,000 is a number we should get used to because unless the flow of money can surge from here, we're going to spend time there. Katie Stockton, a technical analyst at Fairlead Strategies LLC, recommended in a report that a "neutral short-term" investment strategy should be adopted after BTC fails to stay above $100,000. 10x Research: Or just a brief period of consolidation in the Bull Market regaining momentum Coindesk cites 10x Research Monday as reporting that there are some signs of waning momentum in the cryptocurrency market, including declining volume and large profit-taking by long-term holders. Markus Thielen, founder of 10x Research, wrote in the report: "This may just be a brief consolidation phase before the Bull Market recovers momentum." However, traders should now closely follow which areas are performing well and which are not, as Rebound has entered a phase where not everything will continue to rise." To navigate this market effectively, traders should steer clear of weaker segments and focus on their core, high-belief areas. Digital asset Hedging fund QCP noted in a report on Monday morning that traders in the options market are increasingly preparing for sideways price action until the end of the year, profiting from previous bullish bets and possibly rolling over positions to early next year. "Although we remain structurally bullish, Spot [prices] are likely to fluctuate in this range for the rest of the holiday season." Related reports It is difficult for the United States to build BTC reserves! Expert: The Fed is currently losing $1 billion a week, and there is no money to buy BTC With the fall of the Assad regime in Syria, what changes will the global situation make? BTC, gold safe-haven demand watch MicroStrategy spent another $2.1 billion to buy 21,550 BTC! Increase the position BTC for five consecutive weeks Why $100,000 is just the starting point for BTCBTC? "Analysis: Unless there is a surge in capital inflows, BTC will consolidate at $100,000 for a long time" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Block Chain News Media".