#数字资产市场动态 January 23rd, Bitcoin midday trading strategy



Last night, the market continued its oscillation and adjustment pattern, with short-term prices repeatedly testing the 88,000-90,000 range. The 4-hour K-line clearly shows decreasing volume on the decline, indicating that the bearish momentum is gathering.

From a technical perspective: the price is currently trading below the MA5, MA10, and MA30, with short-term moving averages already turning downward, and medium-term moving averages leveling off, establishing a typical bearish alignment. Resistance during rebounds is particularly evident—prices get hammered down immediately. The MACD is also diverging downward, with bearish momentum continuously strengthening. So far, no clear bottom divergence signals have appeared.

Trading strategy considerations: look for short positions on rebounds around 90,500-91,500, with targets around 88,500-87,000.

Pay attention to the linked movements of $BTC $ETH $SOL .
BTC-0,93%
ETH-1,8%
SOL-2,17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
SerumSquirtervip
· 10h ago
This pattern of declining on lower volume is seen too often; it feels like it needs to drop another wave before hitting the bottom.
View OriginalReply0
GamefiEscapeArtistvip
· 10h ago
It's another day of getting hammered... Over 89,000 is still fluctuating back and forth, feeling like the bears have really gathered strength this time. That rebound at 90,500 crushed me, so I went short directly, just waiting for the 88,500 retest.
View OriginalReply0
rugpull_ptsdvip
· 10h ago
It's another bearish alignment. Can this wave really break below 88,000? I feel like the rebound will just be crushed—that's just standard procedure.
View OriginalReply0
NervousFingersvip
· 10h ago
In a declining volume environment, it seems that the bears are indeed gathering strength, but I still want to wait and see if there's a bullish divergence at the bottom; otherwise, this wave of short positions could easily get trapped.
View OriginalReply0
TaxEvadervip
· 10h ago
It's another bearish arrangement. Can this drop to 87? It feels a bit uncertain.
View OriginalReply0
OffchainOraclevip
· 10h ago
The bearish alignment is so obvious. Can we hold the 88,000 barrier? Feels a bit fierce this time.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)