January 6th $BTC Silk Road

Just now, Bitcoin surged to 94,760, but then the upward momentum clearly weakened. To break 96,800, it probably needs to pull back and gather strength first. Looking at the 4-hour chart, the KDJ indicator has already turned downward and formed a death cross, and the RSI is also showing a clear downward trend. Plus, the upper band of the Bollinger Bands is pressing down hard, indicating that the bulls are indeed a bit exhausted at the moment.

You can take light positions in the 94,000-95,000 range,
with targets first set at 93,000-92,000.

#加密市场观察 $BTC