If you have time, I'll write another article today on which positions can be bottomed out. It's not easy to write by hand, feel free to follow.

What's the situation with Bitcoin? Approaching the previous high before Trump takes office, and immediately breaking the previous high after he takes office? How will the market move? Let me tell you slowly...
From a short-term perspective: the 4-hour level shows a clear triple bottom, with around 94K being the current support level. There is also significant resistance above, with 99.4K being a double top resistance level. Consolidation!!!

Looking again at the daily chart: the daily movement is much clearer than the 4-hour chart, a typical daily divergence, and the divergence has not yet been corrected. The moving average resistance is obvious, bearish!!!

Finally, let's take a look at the weekly chart: the weekly bearish engulfing is very strong. Just look at the previous few times when the weekly bearish engulfed the bullish candle. Currently, it is only supported by the five-week moving average; furthermore, last week had a very large bearish candle engulfing a bullish candle. Don't think about an immediate reversal; I believe this kind of bearish engulfing correction needs to be calculated in months, bearish!!!!!!!