January 6th BTC and ETH geopolitical situation continues to ferment; beware of false alarms.

When geopolitical tensions escalate, Bitcoin surged yesterday on the trend, but this heat usually doesn't last long. Unless the situation worsens further and conflicts escalate, risk aversion sentiment can continue to be fueled; once the turmoil subsides, prices tend to turn downward immediately, often resulting in a "roller coaster" market with sharp rises and falls.

Currently, after a spike and retracement, the BTC market shows a range-bound pattern. Technical indicators suggest an upward trend supported by a bullish moving average alignment and engulfing pattern, but shrinking volume and overbought RSI signals indicate short-term correction risks. There is a strong resistance near 94,800; if it cannot be effectively broken through, this level may become a short-term top. Support below is around 927-929; a break below could lead to further declines toward 914.

BTC trading advice: short at 94,200-94,550; add positions at 95,300-95,800; if broken below 927, look for a drop to 914.