1/9 Market Insight:

The Bitcoin 4-hour chart shows that after reaching the lower boundary, it received support and started to rebound. This indicates that the key support level has not been broken by bears, and we should pay attention to the rebound situation. Currently, the market is not trending in one direction; it will not only drop without rising, nor will it only rise without dropping. Blindly chasing shorts in the short term carries risks, so it is recommended to buy on dips.

Trading Suggestions

Bitcoin: Watch 94500-95000, look for 96000-97000, protect 94300

(Trading conditions are constantly changing, for reference only!)