According to @52kskew, the same buyer who pushed BTC higher yesterday is now quoting price lower from 92,000 with fresh ask liquidity, highlighting sell-side supply stacked near 92K. Source: @52kskew on X, Jan 12, 2026. He notes the buyer is likely farming delta within a tight range, which typically leads to choppy price action. Source: @52kskew on X, Jan 12, 2026. Some passive buying has appeared during the US session, indicating a US-based buyer providing support on dips. Source: @52kskew on X, Jan 12, 2026. Positioning decay continues in BTC perpetuals as positions close out, with the market still quoting ask liquidity around 92,000. Source: @52kskew on X, Jan 12, 2026. For the market to re-engage and show renewed interest, price likely needs to revisit and reclaim 94,000. Source: @52kskew on X, Jan 12, 2026.