BTC market analysis: A critical moment is coming

• The daily level shows an obvious head and shoulders pattern, which deserves vigilance.

• The news of the sale of Silk Road assets announced on December 30 was suspected to be deliberately manipulated, with the key position being 94K.

• The short-term bottom is still at 92K. This area has successfully stopped falling 6 times in the past two months and has significant support.

• In the short term, it may break through the 100K trend line and test 104K, attracting bullish sentiment, and then usher in a sharp adjustment.

At present, the market generally expects a direct downward trend, but the supporting force is still there. Stay on the sidelines, pay attention to breakthroughs and adjust the pace, and be optimistic about the market outlook.