2026-01-20 00:22:39

Tuesday Morning Market Notes.

On the four-hour chart, the 94200 level has held the current ceiling—serving as both trend resistance and a Fibonacci retracement level, creating multiple layers of resistance. The MACD continues to contract, with the DIF and DEA lines staying close together. The middle band of the Bollinger Bands has moved up to around 94500. Currently, the market is oscillating between 92000 and 94200.

Although the KDJ indicator has shown a golden cross, the market structure suggests that the bulls haven't truly broken out with increased volume; it feels more like a consolidation phase. In the short term, this kind of market is suitable for high sell and low buy strategies, trading within the range by riding the waves up and down.

If you plan to position around 92000 or 91500, targets can be set at 91500, 93000, and 93800.

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ProbablyNothing

· 9h ago

94,200 is stuck; is this really going to break this time? It feels like we're going to be oscillating around 92,000 again.

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MemecoinTrader

· 9h ago

ngl the 94.2k ceiling is giving classic pre-pump social sentiment setup... real alpha's watching who flinches first at the support cascade

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PositionPhobia

· 9h ago

94,200 deadlock again, another round of buildup... feels like a real breakthrough will only happen by the end of the year --- High throw, low buy strategy, every time I say next time will be smooth, but what’s the result? --- KDJ golden cross looks promising, but the market isn’t following along --- Box range oscillation is so annoying, can we just get a clear direction? --- Feeling like 91,500 is another signal for chopping the leeks, I’ll wait a bit more --- MACD shrinking and hugging the line, is this the legendary "buildup"? Can’t really tell when it will explode --- Around 92,000? Heard this level last year too, huh --- I just want to know who’s cutting whom in this wave

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MiningDisasterSurvivor

· 9h ago

Talking about the golden ratio levels, Bollinger Bands... I've been through all that. In 2018, I used the same indicators for analysis and still got caught in the trap. No matter how sophisticated the explanation, it can't change the fact that the market keeps grinding sideways. 92,000-94,200 oscillating repeatedly? It's just that the funds haven't decided on a direction yet. Selling high and buying low sounds easy, but in practice, it can easily turn into buying high and selling low if you're not careful.

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