[Analysis: Bitcoin Faces Selling Pressure After Rising to Nearly $98,000, Early-Year Long Positions May Consider Taking Profits] BlockBeats News, January 18, the crypto trading indicator analysis platform CoinKarma stated, 'BTC surged to nearly $98,000 earlier this week, but as it approached this price level, the market experienced the most significant selling pressure seen in recent weeks, causing a slight pullback in price. However, the overall liquidity between buyers and sellers has not shown a clear imbalance and remains relatively stable. Other key market indicators have yet to provide clear signals. Based on the current situation, long position holders who entered at relatively low levels earlier this year may consider taking profits, either by fully or partially closing their positions, and waiting for clearer signals before re-entering the market.'