January 9 BTC Trading Strategy
From the current market, we can see that BTC hit a low of 92500 in the early morning and received an effective rebound. This position is the support area mentioned earlier, where entering long could have yielded a good range.
Currently, it has broken through 94500, and after the rebound, it has been unable to stabilize. The bears are still in a strong phase, so it will likely test the support around 92000 again, and there may even be a spike in the evening. Therefore, for intraday operations, adopting high short positions is advisable.
Intraday trading advice:
Enter short at 94600-95000, with targets at 93200 and 92200.
