01.15 BTC Market Analysis + Trading Reference

Bitcoin failed to continue its upward trend after reaching around 98. On the 4-hour chart, it formed an upper shadow and closed lower near the 98 resistance level, indicating a short-term pullback signal. A slight pullback also occurred during the daytime session today. We should first focus on the 94,000 level, which previously acted as strong resistance and can now be considered support. If the 94 level fails to hold, then the entry point for long positions should be around 92. In terms of trading, wait for a pullback to go long. Long positions can be entered around 94, with additional positions added around 92. The recommended stop loss is 90,500. The initial target remains 98, with a potential target of 100,000 if it breaks through. Currently, there is still 2,000 points of downside potential. Those who want to capitalize on this can take small positions and manage their entry opportunities accordingly. Yesterday's long positions were placed around 3340, with the highest point reaching around 3403, failing to reach the expected target of above 3550. Profits were only a few dozen points. Those who exited in sync with Bitcoin would still be profitable. Those who missed the exit are currently experiencing a small loss; consider exiting with a small loss or breaking even. Ethereum's trend is similar to Bitcoin's, showing a slight pullback signal in the short term, but the overall trend remains bullish. Support is around 3200. For daytime trading, consider long positions around this level, with a stop-loss at 3100 and a target around 3500. There is still about 100 points of downside potential; those who want to capitalize on this can enter at their own discretion. Short-term trading, manage risk, and be responsible for your own profits and losses. I recommend a safe and reliable exchange with zero slippage, offering a 50% commission rebate upon registration: https://www.ktx.com/zh/login/register?invite_code=KTX888