Bitcoin maintains its position above $100,000 for the sixth consecutive day, allowing 80% of short-term holders to return to profits. This dynamic is accompanied by an intensification of the FOMO (Fear of Missing Out) phenomenon, according to several market analysts.
Bitcoin maintains $100,000 for the sixth consecutive day
On January 20, 2025, bitcoin experienced a 10% price change, stabilizing at $106,100. The crypto thus maintains its price above $100,000 for the sixth consecutive day.
According to the data of Checkonchain, this increase allowed 80% of short-term investors (STH) to return to profits. A situation which contrasts with the start of the month, when 65% of them recorded losses.
CryptoQuant analyst Darkfost, however, observes a worrying signal: the STH-SOPR ratio (profit indicator on bitcoins spent) is moving into negative territory. This change indicates that some recent holders are starting to sell their bitcoins at a loss, despite the general upward trend.
For his part, Axel Adler Jr notes an intensification of exchanges on the market. Its volatility index reached a monthly record, with strong activity in both buying and selling. This excitement reflects a particularly marked phenomenon of FOMO (fear of missing the opportunity).
A crucial technical support area between $90,000 and $95,000
The Glassnode analysis platform identifies a “critical zone” between $90,000 and $95,000, characterized by significant losses realized since November 2024. This zone represents a level where sellers have strongly capitulated, while buyers have intervened massively.
Crypto educator Mihir points out that despite the expected volatility, major technical support exists between $90,000 and $80,000, constituting a “safe retracement” zone according to him. This analysis is echoed in data from CryptoQuant, which shows that recent holders acquired their bitcoins at an average price of $87,700.
Faced with this new upward phase, experts are keeping a close eye on these support levels. Although fear of missing out (FOMO) may continue to push the price of bitcoin higher in the coming weeks, these technical zones remain key to market strength.
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