January 1st BTC Technical Analysis (As of 12:16, Price approximately $88,500)
- Core Judgment: Daily chart is bearish + 4-hour consolidation + hourly chart shows slight bullishness. During the holiday with low liquidity, focus on the range of 87,000–89,000 for trading, with key levels at 88,800 and 87,000.
Key Price Levels (USD)
- Resistance: 88,800 (4-hour upper band) → 90,000 (psychological level) → 92,000 (medium-term resistance)
- Support: 87,000 (intraday weak support) → 86,000–86,500 (medium-term moving averages) → 85,769 (100-week EMA, strong support) → 82,000 (if broken, look lower)
In
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