Midnight Thoughts on 1/9:

In the 4-hour chart of Bitcoin, the bearish trend is significant, with the K-line showing a stepwise downward movement. The rebound energy is completely covered by the bearish trend, and all moving averages and indicators are showing weakness. The current coin price is low, making it unwise to chase it. The key focus in the future market is the previous low of 91500; if it does not effectively break down, a double bottom will form and lead to a rebound.

Trading Suggestions:

Bitcoin: Watch 92500-93000, aim for 94000-95000, with a stop at 92300.

When the opinions in the news are one-sided, you should calmly stand on the opposite side.