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1.22 Thinking Analysis
The midnight market never disappoints those who dare to take action; hesitation and waiting will only watch opportunities slip away.
Last night, the US stock market opened high, driving Bitcoin to surge, then quickly retreated to around 87200. The short-term market is generally in a range of oscillation, but the rebound strength is clearly insufficient, with highs and lows continuously moving downward, indicating a weak short-term trend.
The four-hour Bollinger Bands remain in a downward channel, even when there is a brief rally, it is strongly suppressed by the bears and falls back. The current key resistance level is around 90000; if it cannot break through and stabilize, the subsequent trend is likely to continue downward.
Bitcoin: around 90500-91100, with support near 89500-88000.
Altcoin: around 3060-3100, with support near 2990-2900. #Gate每10分钟送1克黄金 #现货黄金再创新高 #社区成长值抽奖十六期