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January 15 Morning Market Analysis
Overnight, the crypto market surged strongly, with BTC making a key breakthrough and short squeeze leading to a unilateral rally. It oscillated upward from 91,787, breaking through multiple resistance levels, reaching a high of 96,495, and stabilizing above 96,000 to hit a near two-month high, with bullish sentiment soaring.
Market resonance driven: Breaking the strong resistance at 94,500 triggered short covering, forming a breakout-stop-loss-advance positive feedback loop; institutional capital inflow willingness increased, liquidity improved, and macro sentiment warmed, jointly supporting the market.
Bitcoin
Direction: Short
Level: 97,200-97,700
Target: 96,200-95,200
Altcoin
Direction: Short
Level: 3,370-3,390
Target: 3,320-3,280#GateTradFi上线