(Trend Analysis for Thursday at 1.9 PM)
After the midnight coin price dropped to the 92500 line, it rebounded and is currently running around 95000. In terms of the current pattern, although it's slightly weak in the short term, Heyang feels that the possibility of a one-sided trend is low. Instead, it is more likely to continue a wide-ranging fluctuation. With Trump about to take office, this favorable factor will inevitably lead to a rise in coin prices. Therefore, as I mentioned earlier, the main players will wash back and forth; if no one dares to get in, it will be easier to push the price up. The usual tactic remains the same: for long-term holdings, buy in batches on pullbacks, and for short-term operations, take profits when you see gains.
For today’s afternoon, Heyang feels there isn’t much analysis to do. After a slow rise and sharp fall with consecutive bearish candles, the daily chart indicates that there is still strong buying support below. Even if there is some inertia movement, the strength is limited. Therefore, for short-term operations, Heyang suggests first referencing yesterday’s high point at 96000. If a rebound occurs, short it once at a high point, and after it drops, stop and directly reverse to go long. Keep an eye on the previous low point of 91500 for the downside.