1.12 BTC Technical Analysis and Trading Strategy in the Morning
A new trading week has commenced, with market sentiment returning to rationality. Reviewing weekend price action, Bitcoin consolidated in a narrow range around 90600, with the price trajectory highly aligned with previous analysis. Current quotes are stabilizing around the 90800 level.
From a technical architecture perspective, the market is currently in a consolidation repair cycle. Four-hour K-line charts show that following the previous downtrend, the Bollinger Band channels have entered a flattening state. Short-term long-short momentum competition is trending toward equilibrium, lacking clear directional guidance. However, examining the larger timeframe trend structure, bearish dominance characteristics are significant, with rebound momentum showing continuous decay. Subsequent downside moves have stronger technical logic support. Therefore, the overall trading recommendation is to focus on shorting on rallies.
Trading Suggestion: Short around 91500, targeting 89500 and 88000.
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YaoQianshuA
· 01-12 01:33
Вау, на этой неделе появится много новостей, скорее всего, всё не будет спокойно и стабильно — обязательно будут взлёты и падения.
1.12 BTC Technical Analysis and Trading Strategy in the Morning
A new trading week has commenced, with market sentiment returning to rationality. Reviewing weekend price action, Bitcoin consolidated in a narrow range around 90600, with the price trajectory highly aligned with previous analysis. Current quotes are stabilizing around the 90800 level.
From a technical architecture perspective, the market is currently in a consolidation repair cycle. Four-hour K-line charts show that following the previous downtrend, the Bollinger Band channels have entered a flattening state. Short-term long-short momentum competition is trending toward equilibrium, lacking clear directional guidance. However, examining the larger timeframe trend structure, bearish dominance characteristics are significant, with rebound momentum showing continuous decay. Subsequent downside moves have stronger technical logic support. Therefore, the overall trading recommendation is to focus on shorting on rallies.
Trading Suggestion: Short around 91500, targeting 89500 and 88000.