The current BTC high reached 97800, coinciding with the bearish period on January 3rd. BTC can end this upward trend and turn down at any time.

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Intraday Trend

BTC may weaken after fluctuating below 97800. Pay attention to the potential high point (or turning point) time between 16-18h, with a focus on the volatility at 21h.

Between 0h-4h, a rebound may occur, but there is a possibility of another drop after 4h. At that time, one should pay attention to the strength of the decline and consider whether to continue buying short-term based on the structure.

Initially, focus on the low point around 5h on the 4th, but if you want to be safe, it’s advisable to wait until after 7-8h.

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Short-term View

For short-term high points, continue to pay attention to the 6-7th, and observe whether the rebound extends to the 9-10th before turning down again.

Currently, whether in terms of time or space, I do not believe there is a possibility of further significant increases. At that time, make judgments based on the price levels of the high point times mentioned above.

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