$BTC has rebounded after forming a series of consecutive bearish candles on the daily chart. Yesterday, it closed with a bullish candle featuring upper and lower shadows, and the price has retested the upper and lower band supports. The middle and lower bands are nearly flat, while the upper band continues to slope downward. The MACD bearish momentum is still expanding, indicating that the overall trend remains bearish.
Looking at the 4-hour chart, the lower Bollinger Band is beginning to rise, and the MACD bearish momentum is decreasing. Both the KDJ and RSI are showing signs of turning upward—this suggests a short-term rebound and correction is needed. On the hourly chart, the middle and upper bands are both opening upward, and the MACD bullish momentum has not yet shown signs of decreasing. The indicators also show an upward correction trend. Overall, the intraday trading strategy should focus on shorting at higher levels.
Key resistance levels to watch are: first, around 90500, which was touched during last night's rebound; second, the 91000 level on the hourly chart upper band (which also coincides with the 4-hour middle band resistance); and finally, the daily middle band at 92400. Trading around these levels can be considered for short positions, with downside targets at 89000, 88000, and 87000 respectively.
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Degentleman
· 01-25 08:17
Again with the high altitude? Bro, this excuse is almost worn out. It's always high altitude, high altitude. I just want to know when it will finally hit bottom.
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GasFeeSobber
· 01-24 05:29
We still have to wait at high altitude; this rebound is a bit weak, and the bearish momentum hasn't truly weakened yet.
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WenMoon42
· 01-22 08:49
It's high altitude again, every time they talk about high altitude and end up getting knocked down... Can this wave really rebound? I'm a bit tired.
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NFTRegretter
· 01-22 08:43
High-altitude ambush sounds good, but it's really hard to say how far this rebound correction can go. It still seems to depend on whether it can break through the 91,000 hurdle.
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FromMinerToFarmer
· 01-22 08:43
The bearish momentum is still increasing, this rebound is probably just to trap retail investors... I am optimistic about the 89,000 level.
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BlockBargainHunter
· 01-22 08:23
It's another high-altitude ambush. Every day they talk about a rebound and recovery. When will there be a real rebound? MACD is becoming less and less reliable.
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BlockchainWorker
· 01-22 08:20
They're starting the ambush from above again; this trick comes around every year.
#数字资产市场动态 January 22 Midday Market Overview
$BTC has rebounded after forming a series of consecutive bearish candles on the daily chart. Yesterday, it closed with a bullish candle featuring upper and lower shadows, and the price has retested the upper and lower band supports. The middle and lower bands are nearly flat, while the upper band continues to slope downward. The MACD bearish momentum is still expanding, indicating that the overall trend remains bearish.
Looking at the 4-hour chart, the lower Bollinger Band is beginning to rise, and the MACD bearish momentum is decreasing. Both the KDJ and RSI are showing signs of turning upward—this suggests a short-term rebound and correction is needed. On the hourly chart, the middle and upper bands are both opening upward, and the MACD bullish momentum has not yet shown signs of decreasing. The indicators also show an upward correction trend. Overall, the intraday trading strategy should focus on shorting at higher levels.
Key resistance levels to watch are: first, around 90500, which was touched during last night's rebound; second, the 91000 level on the hourly chart upper band (which also coincides with the 4-hour middle band resistance); and finally, the daily middle band at 92400. Trading around these levels can be considered for short positions, with downside targets at 89000, 88000, and 87000 respectively.