2026-01-11 23:50:18

Monday Morning Market Observation:

From a technical perspective, the KDJ three lines are still hovering below the 50 axis, oversold conditions haven't been reached yet, but the J line has already turned downward, indicating that the short-term upward momentum is somewhat weakening. The MACD green bars are turning red, suggesting that the bears are starting to gain strength, but trading volume has not yet caught up.

Overall, the market is in a phase of bullish consolidation and bottoming out. Once the bottom is formed, a rebound is highly likely. The morning strategy is to look for opportunities to go long near key support levels.

Regarding Bitcoin, the key zone is between 90400-89900, with targets around 91500-92300. For altcoins, support is at 3090-3070, with attention to resistance at 3140-3170.

#美国非农就业数据未达市场预期 $BTC are all consolidating, waiting for rebound signals.

BTC-0,37%

ETH-0,24%

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SchrodingerAirdrop

· 2h ago

Time to form a bottom again, can it work this time? Getting a bit tired of it.

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ExpectationFarmer

· 14h ago

Is it another bottom repeatedly being tortured, or has it truly bottomed this time? I'm a bit annoyed by this consolidation. When will it break through? Support levels are being tested repeatedly. I think the bulls are still a bit weak. Is 89900 the bottom? It still feels like it needs to be broken through. Let's wait for a rebound signal. It's easy to get trapped if you enter now.

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CryptoComedian

· 14h ago

Laughing and then crying, again taking hits near the support level. This time, it really is the last time.

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quietly_staking

· 14h ago

Well... it's that kind of "bottoming out and rebounding" statement again, hearing it has given me calluses on my ears. Is it true? Non-farm payrolls are so weak, Bitcoin has to go along for the ride. Let's wait and see. KDJ is still dithering there, why wait any longer... isn't it better to just break below the support level? I don't think this rebound signal is that close, let's keep observing everyone. Feels like the start of another "bottoming out"... we've seen this script several months ago. At the 91500 level, it doesn't seem very realistic. Be cautious when going long.

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gas_guzzler