1.9 Thursday Morning Trading Strategy

The daily chart clearly shows that the price of the coin found support at the lower band and then rebounded strongly. The support level is solid and unbroken, and we need to closely monitor the rebound trend. Currently, the market does not show a significant unilateral trend, indicating that the market is neither in a unilateral decline nor a sustained rise. On the four-hour chart, the candlestick formed a long lower shadow bearish candle, with the decline limited and a rapid rebound, further confirming robust support. This rebound correction is triggered by the lower band support at the daily level. After successfully avoiding the peak at the beginning of the week, we now need to pay attention to opportunities to avoid the bottom. In short-term trading, it is crucial to avoid blindly chasing shorts and focus on low long positions, maintaining a stable layout.

1.9 Thursday Morning Trading Recommendations

For Bitcoin trading, it is recommended to go long in the 94500 area, targeting the 96000 area, with a protective space of 600 points.