Bitcoin hits nearly $100 million sell wall near $95,000, retreats to $91,000

Beincrypto reports Bitcoin fell back to $91,000 after briefly reclaiming $94,000, encountering heavy sell pressure around the $94,000–$95,000 zone.

Order book data showed nearly $100 million in sell orders stacked across major exchanges at that range, which acted as a ceiling, halted the rally and prompted short-term profit-taking. Heatmaps indicated sellers were absorbing buy pressure as Bitcoin entered the zone, and leveraged traders exited positions, accelerating the drop toward $91,000 — a move the report describes as market structure rather than a sudden shift in sentiment.

On-chain and flow indicators remain constructive: CryptoQuant data cited a rising Bitcoin-to-stablecoin reserve ratio on Binance, signaling growing buying power on the sidelines, and spot Bitcoin ETFs recorded roughly $697 million in net inflows on Jan. 5, pushing cumulative inflows close to $58 billion. The report noted these inflows continued even as price stalled, and there were no signs of heavy exchange inflows or aggressive long-term holder distribution during the pullback.

The coverage concludes the data points toward consolidation rather than a trend reversal: clearing $95,000 will likely require sustained spot demand, thinner sell-side liquidity and follow-through across risk markets, and until then pullbacks toward the low $90,000 range appear consistent with the market digesting recent gains.

Key Topics

Crypto, Bitcoin, Binance, Cryptoquant, Spot Bitcoin Etf, Stablecoin Reserves