Family members, 2026 has started off great!
Let's start by stating the facts: Bitcoin has finally broken through the 50-day moving average.
2026 started with a pleasant surprise. BTC broke free from the $90,000 bottleneck, ETH rebounded to $3,100, and SOL also saw a return to $130. With the major coins just stabilizing, Altcoin started to surge ahead, with PEPE and DOGE leading the charge, while IP, WLFI, and ZEC all showed signs of "falling too much and rebounding first."
But none of that matters. There's only one important point: Bitcoin has finally broken through its 50-day moving average.
The current price is at $89,300 , and it didn't just dip below the wick; it closed above that level . It's worth noting that since the black swan event and flash crash in October, the 50-day moving average has been BTC's "ceiling." Every time it rebounds to this level, the market says the same thing: "You can't go up."
Even earlier, the 20-day moving average could push the price back down. Therefore, all the rallies over the past few months have essentially only one characteristic— an unreliable rebound .
But this time is different. Once the 50-day moving average reverses from "overhead resistance" to "pullback support," it signifies a structural change. Short-term funds will assume that the 89,000 area is a cost zone, not a place to escape. Pullbacks are opportunities, not risks, and the trend will begin to reinforce itself.
Looking further down, the 85,000 area is no longer just ordinary support. Glassnode data shows that 940,000 Bitcoins are piled up here, making it the largest cost concentration area since 2020—in short, a complete "wall of chips." When the price reaches this level, the market's first reaction isn't to sell at a loss, but rather, "I bought here, so I'll hold on."
Of course, don't get too carried away. A new CME futures gap has emerged.
Following the New Year's holiday, the CME opened with a new gap, around $88,200 . Those in the know understand that a CME gap is like an uncovered manhole cover; sooner or later, someone will want to fill it. If it's going to be filled, a short-term pullback in Bitcoin wouldn't be surprising, and Altcoin might also be shaken out.
But note one detail: if the pullback holds above the 50-day moving average, it's not a sign of weakness, but rather a confirmation of support .
Looking at Looknode's chip distribution data, throughout December, there was a clear redistribution of chips at lower levels: floating chips at higher levels were withdrawing, while new costs at lower levels were accumulating. Whether experienced players continued to add to their positions, or short-term chips were "endured" into long-term holdings, the result was the same— selling pressure decreased, and liquidity thinned.
This market condition is the most dangerous, but also the most interesting: it doesn't move much usually, but when it does, it often marks a significant breakout or acceleration phase .
Therefore: a breakout above the 50-day moving average is a signal; filling the CME gap is a sign of momentum; and the support level of 85,000 points provides a solid foundation.
Whether the market will continue its upward trend is unknown, but at least this time—Bitcoin has truly stood up straight.
The opportunity will be gone in the blink of an eye, everyone gather quickly!
Don't let hesitation delay your chance to make money, and don't get burned by worthless cryptocurrencies. Join Sister Miao and let's ride this bull market together!
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