Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#美国非农就业数据未达市场预期 January 12 Bitcoin Morning Market Analysis
From the daily chart, $BTC is currently trading within the middle and upper bands of the Bollinger Bands. Although it has not yet broken through the medium-term upward support line, it is important to note that while the MACD indicator remains above the zero line, the histogram volume is continuously shrinking—this indicates that the bullish momentum is gradually weakening. Overall, Bitcoin is currently in a technical consolidation phase, and the subsequent direction remains unclear.
$ETH and $BNB are performing relatively stably, with no obvious breakout signals at this time.
Suggested trading strategy: Wait for a rebound to the 91200-91800 range to establish short positions. If a subsequent breakdown occurs, the target can be set between 90000-89500. The key now is to observe whether the price can effectively break back below the critical support, which will determine the medium-term direction moving forward.