January 1 BTC Trading Strategy
From the current market, we can see that BTC reached a high of 96250 last night but faced resistance and fell back, dropping from near the upper band to below the middle band, showing a downward trend in the short term. Looking at the hourly level, all indicators are pointing downwards, and the bearish momentum is strengthening in the short term. The overall trend will continue to test downwards, but it is close to the bottom, which presents a possibility of a rebound. Therefore, it is recommended to initially lay out short positions today, and after touching the bottom, observe the support situation before operating with long positions at lower levels.
Intraday trading suggestion:
Enter long around 92800, aiming for 94500.