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1.24 Saturday Bitcoin Analysis
Yesterday's strategy was repeatedly validated during the day. In the evening, the price surged to the expected target zone around 91195, then faced resistance and pulled back, with a correction of nearly two thousand points. The overall rhythm closely aligned with the forecast, once again confirming the current cycle structure and its operational logic.
In the short term, after continuous upward movement, the momentum has weakened, and the validity of the upper resistance zone has been further confirmed. It is expected that it will be difficult to achieve an effective breakthrough in the near future. Weekend market participation is usually relatively light, and the market is likely to mainly consolidate with fluctuations. It is recommended to balance rhythm and mindset while grasping the pace.
In terms of trading strategy, the approach remains "buying on dips during rebounds," focusing on swing opportunities within the range. A 300–500 point space is sufficient to consider taking profits in batches, without over-staying in the market.
Bitcoin Suggestions:
Consider short positions near 90000–90500 during rebounds
Target around 89000–88500