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title: 'JARXE Exchange｜$87,000 Forms a Key Turnover Zone, Long-Short Battle May Enter Directional Choice'

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# JARXE Exchange｜$87,000 Forms a Key Turnover Zone, Long-Short Battle May Enter Directional Choice  

Entering early 2026, the price and chip structure of Bitcoin have changed in sync. Data shows that on January 1st, the chip concentration within ±5% of the BTC spot price once rose to 14.9%, approaching a high-volatility risk range. However, from January 2nd to January 3rd, this indicator fell instead of rising, dropping to 14.5%, while the price slowly climbed. JARXE Exchange notes that historical experience suggests when chip concentration turns downward due to price increases, it often means the market, after completing turnover, is positioned for a continued rebound—providing a structural reference for the current trend.

![image](https://hackmd.io/_uploads/HynlGB5N-x.png)

## Chip Concentration Retreat: Price-Led Structural Improvement Signal  

Chip concentration is an important indicator measuring the degree of chip accumulation near short-term prices; its rapid rise usually accompanies amplified volatility risk. This time, after reaching the edge of a high level, concentration turned downward during a period of slow price increase, indicating chips are being gradually absorbed by the market rather than continuing to accumulate in a narrow range. This price-driven decline in concentration is closer to a healthy structural adjustment rather than an emotion-driven rapid surge, providing a more solid foundation for subsequent trends.


## $87,000: Massive Turnover Zone Validates Support Effectiveness  

URPD data shows that the number of BTC accumulated near $87,000 has reached about 822,000 coins, making it the most prominent chip-dense zone currently. Both bulls and bears have experienced intense battles here, and as the price stabilizes and slowly rises, the turnover zone is shifting to higher price ranges. This change means the validity of this price level as a stage support is being verified. Currently, turnover is extending to the $92,000–$104,000 range, considered a relatively reasonable structural evolution path.


## Technical Cooperation: Trendline Breakout Confirms Rebound  

On the technical indicator level, the BTC daily candlestick close has reached a key position near the descending trendline (about $90,588), a condition usually seen as an important signal for a rebound. Although there is always the possibility of a false breakout, with chip structure improving and price rising in sync, the probability of a continued rebound is clearly higher than that of another rapid decline. JARXE Exchange points out that when technical and on-chain data resonate, the market is more likely to show sustained movement.


## Risk Boundary: $87,000 Remains a Key Observation Point  

It is important to be cautious: if the price falls back below $87,000 and under the descending trendline, and chip concentration rises rapidly again, the current structural judgment will need to be revised. This would mean the market may re-enter a high-volatility zone, and direction must be reassessed. Until then, structural signals remain positive.


## Structural Improvement Raises Rebound Probability, but Needs Ongoing Confirmation  

Combining chip concentration, URPD distribution, and technical patterns, the probability of a “real rebound” for Bitcoin in the short term is rising. JARXE Exchange will continue to track chip migration, key price levels, and trendline effectiveness to provide users with more structural market observation. Before direction is fully confirmed, understanding support and risk boundaries remains the core approach to the current market.

