Bitcoin (BTC) traders are closely monitoring recent market signals that suggest a resurgence in buying pressure, particularly through Time-Weighted Average Price (TWAP) strategies correlated with Coinbase flows. According to crypto analyst Skew Δ, this pattern aligns with typical Spot ETF buying behavior, where Spot Cumulative Volume Delta (CVD) is leading the price action. During the US trading session on January 8, 2026, the Coinbase discount notably lessened, indicating active participation from US buyers. This development raises intriguing questions about the composition of these inflows—how much is directly tied to ETF-related demand versus other institutional or retail flows? For BTC to mount a strong rally, Skew Δ emphasizes the need for unquestionable demand emerging from the $90,000 level, setting a critical threshold for bullish confirmation.

BTC Price Analysis: Key Levels and Technical Indicators

In the 4-hour (4H) timeframe, BTC has shown a promising reset into the prevailing trend and previous resistance zones, as highlighted by Skew Δ. This reset positions Bitcoin favorably for potential upside, but traders should watch for key confirmations to validate a breakout. Acceptance above the weekly open is one such milestone, signaling sustained momentum. More crucially, breaking and holding above $94,000 emerges as the area of utmost importance. This level could act as a pivotal resistance-turned-support, where trading volumes and on-chain metrics will play a decisive role. Without real-time data, historical patterns suggest that if BTC fails to secure this zone, it might retest lower supports around $90,000, potentially leading to increased volatility. Traders eyeing long positions should consider entry points near these levels, with stop-losses placed below recent lows to manage risk amid fluctuating market sentiment.

Institutional Flows and ETF Impact on BTC Trading

The correlation between TWAP buying and Coinbase flows underscores the growing influence of institutional players in the Bitcoin market. Spot ETFs have been a major driver of liquidity, often manifesting through reduced discounts on platforms like Coinbase during peak US hours. Skew Δ notes that while this mirrors ETF buying, distinguishing between ETF-specific inflows and broader demand remains challenging. From a trading perspective, this ambiguity could create opportunities for scalpers and swing traders. For instance, monitoring trading pairs like BTC/USD and BTC/USDT across exchanges can reveal arbitrage plays, especially if volumes spike during US sessions. On-chain metrics, such as active addresses and transaction volumes, further support this narrative, potentially indicating accumulation phases. If unquestionable demand materializes above $90,000, it could propel BTC toward higher resistance at $100,000, aligning with bullish forecasts from various analysts. However, without clear ETF flow data, traders are advised to pair this analysis with volume indicators like the Volume Weighted Average Price (VWAP) for more precise entries.

Broader market implications tie into how these developments affect cross-asset correlations, particularly with stock markets. As Bitcoin often moves in tandem with tech-heavy indices like the Nasdaq, positive ETF flows could signal risk-on sentiment, benefiting correlated assets. Institutional flows into BTC via ETFs might also influence altcoin markets, with tokens like ETH potentially seeing sympathetic rallies. For traders, this means diversifying strategies across multiple pairs, such as BTC/ETH or BTC against stablecoins, to capitalize on volatility. Risk management remains paramount—leverage should be used cautiously, with position sizing based on account risk percentages. In summary, while the current setup looks optimistic per Skew Δ's insights, confirmation above $94,000 will be key to unlocking a sustained uptrend, offering high-reward trading opportunities for those positioned correctly.

Looking ahead, market participants should track upcoming economic indicators that could impact BTC's trajectory, such as US inflation data or Federal Reserve announcements, which historically correlate with crypto volatility. If TWAP buying persists and ETF inflows accelerate, it could mitigate downside risks and foster a bullish environment. Traders interested in deeper insights might explore on-chain analytics tools for real-time volume tracking, ensuring decisions are data-driven. Ultimately, Bitcoin's path to a strong rally hinges on breaking these technical barriers with robust demand, making $90,000 and $94,000 the focal points for the near term.