As of January 4, 2026, 12:00 (UTC+8), BTC current price is $91,200 USD, with a bullish bias intraday but overbought on the hourly chart, short-term correction needed.

1. Key Levels (USD)

- Immediate Support: 90,500-90,000 (key intraday pullback level)
- Strong Support: 89,500-89,000 (yesterday's low + upper boundary of the consolidation platform)
- Immediate Resistance: 91,600-92,000 (today's high + psychological barrier)
- Strong Resistance: 92,500-93,000 (previous dense trading zone)
- Ultimate Resistance: 93,750 (Murray 3/8 resonance level)

2. Technical Highlights

- Daily Chart: Breakout above the consolidation upper boundary, moving averages in a bullish alignment, 200 EMA turns into support
- 4-Hour Chart: RSI overbought, correction needed, bullish structure remains intact
- Hourly Chart: High-level sideways movement, watch for pullback after spike, prioritize waiting for retest before entering
- On-Chain: Long-term holders are net increasing, market structure is relatively healthy

3. Trading Strategies

- Bullish (Conservative): Wait for a pullback to 90,000-90,500 to stabilize and go long, stop-loss at 89,000, target 91,600-92,000, break above to 92,500-93,000
- Bullish (Aggressive): Light position at current price, only hold above 91,000, stop-loss at 90,000, same targets as conservative
- Bearish (Short-term): Encounter resistance at 91,600-92,000 and weaken, go short, stop-loss at 92,500, target 90,500-90,000, break below to 89,500
- Positioning: Spot ≤50%, Futures ≤30%, strictly control leverage, avoid chasing highs

4. Risk Management Reminder

- Weekend liquidity is lower, volatility may increase, quick stop-loss needed for breakouts
- If losing support at 89,000, bullish trend is doubtful, consider switching to wait-and-see or short-term short positions