$BTC
Analysis of Big Pie on January 9!
Review of the previous situation:
Yesterday, the market fell and the rebound was weak. It is worth noting that it rebounded from 92500 at 1 am (92 large-level support and multiple rebound positions). It is still bearish but not short. It will rebound to 96500 to be considered an effective rebound.
Now is not the time to enter the market. I see a rebound after breaking through 90000. The minimum allowed is 88000. Last time, I said through the indicator that it would rebound violently if it fell to the range of 91 to 92. It was estimated that it would rebound to 102700. But this time, the short-selling force will be stronger. It is very likely to break through 90000 and then rebound.
As for Ethereum, it will break through the previous low of 3100.
(Indicator analysis is in the figure below)
Small level: support 93500 pressure 96000
Large level: support 92500 pressure 98000
Liquidation map: Most of the short-selling people and funds.
Institutional ETF: 4589 bitcoins flowed out on January 8.
Personal situation:
I feel speechless. I entered the market at 182, but I didn't leave at 220. Now I let it go back. I have also emphasized in the past two days that you should control your hands and don't hang on the tree with what you think is the bottom. I didn't shout in the past two days. I made a few short orders myself. I will notify the shouting orders when the situation improves. Everyone should control their wallets and don't be impatient.
Creation is not easy. Remember to like and follow! 😄