Looking at the 1-hour K-line, the Bollinger Bands are still trending downward, and Bitcoin is oscillating near the lower band, which is not very meaningful. All moving averages are in a bearish alignment, and various indicators are also showing a bearish stance. The momentum on the bullish side is weakening increasingly; even if there are occasional rebounds in the morning, they cannot change the current weak situation.
From the market perspective, a rebound is a selling point. You can short in the range of 94800 to 93800, with support levels at 92800, 91800, and 90800. $BTC's recent movement has offered little opportunity for the bulls.
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WagmiAnon
· 9h ago
The bearish alignment is so obvious, a rebound will just be crushed. Open a short at 94,800 directly without explanation.
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TokenVelocityTrauma
· 9h ago
Another day of bearish celebration, the bulls really should wake up.
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AirdropHunterXiao
· 9h ago
94800 short positions entered, and once again a rebound was crushed. This trend really leaves no suspense.
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FadCatcher
· 9h ago
The bears are so aggressive that a rebound to smash the market really doesn't make much sense. Let's wait until a breakdown happens.
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DaisyUnicorn
· 9h ago
Oh dear, it's another frustrating market situation. Watching Bitcoin hover around the lower band is like a drooping daisy in a flower garden—really dull and uninspiring.
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StealthDeployer
· 9h ago
The bears are completely suppressing it, and the rebound is being smashed directly. This lousy position isn't fun at all.
#MSCI未来或纳入数字资产财库企业 January 20 Morning Technical Observation
Looking at the 1-hour K-line, the Bollinger Bands are still trending downward, and Bitcoin is oscillating near the lower band, which is not very meaningful. All moving averages are in a bearish alignment, and various indicators are also showing a bearish stance. The momentum on the bullish side is weakening increasingly; even if there are occasional rebounds in the morning, they cannot change the current weak situation.
From the market perspective, a rebound is a selling point. You can short in the range of 94800 to 93800, with support levels at 92800, 91800, and 90800. $BTC's recent movement has offered little opportunity for the bulls.