Yesterday, Bitcoin was stirred by the US and European tariff situations. After a 3% plunge, the price started to fluctuate within a range. It finally closed at 92,667, down nearly 2,774 points from the previous day.
From a technical perspective, the situation is a bit interesting—MACD has already shown signs of fatigue, with the daily DIF and DEA beginning to contract at high levels, and the histogram energy clearly diminishing. Although the 4-hour chart is still above the zero line, the expansion momentum is noticeably lacking, and the bearish force is gradually accumulating. This oscillation pattern is unlikely to change in the short term.
What’s the suggested approach? My advice is—when the price rebounds to the 93,500-94,000 range, consider shorting with targets around 92,500-91,000.
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SchrodingerAirdrop
· 6h ago
I also see the signals of this wave of bearish accumulation, but do you really dare to buy in after the rebound to 94,000? It feels like the market maker is just shaking out traders.
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MEVHunter_9000
· 6h ago
Well, the MACD weakening indeed warrants caution. I'm also waiting for the rebound at 93500. Short-term, the bears might have a chance.
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FalseProfitProphet
· 6h ago
It's the same old pattern of rebound and shorting. Whether 93500 breaks or not is the real test. It feels like today will continue to fluctuate.
#Strategy加仓BTC January 20 Bitcoin Morning Analysis
Yesterday, Bitcoin was stirred by the US and European tariff situations. After a 3% plunge, the price started to fluctuate within a range. It finally closed at 92,667, down nearly 2,774 points from the previous day.
From a technical perspective, the situation is a bit interesting—MACD has already shown signs of fatigue, with the daily DIF and DEA beginning to contract at high levels, and the histogram energy clearly diminishing. Although the 4-hour chart is still above the zero line, the expansion momentum is noticeably lacking, and the bearish force is gradually accumulating. This oscillation pattern is unlikely to change in the short term.
What’s the suggested approach? My advice is—when the price rebounds to the 93,500-94,000 range, consider shorting with targets around 92,500-91,000.
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