#美国非农就业数据未达市场预期 Bitcoin current price is stuck at $90,754 (January 11, 12:35), fluctuating within a narrow range of 90,400-90,830, with bulls and bears fighting hard to gain the upper hand.

The core of the market watch focuses on these two levels: above is 91,200 and below is 89,900. Breaking above could push toward 91,500-92,000; if it falls below, 88,800 is a significant hurdle. My strategy is simple—breakouts of the range are to be followed, with risk managed in stages.

**Data Overview**

24-hour change +0.25%, not much movement. Trading volume is 11.93 billion, with liquidity clearly shrinking. After a high-level correction, the price has started to consolidate sideways, indicating the market is waiting—waiting for either side to show strength.

**Price Level Map (by priority)**

Resistance levels: 91,200 is the short-term defense line, 91,300 is the accumulation zone for short sellers' liquidation, the 4-hour SMA50 is at 91,492, and above that, 92,000 is still in sight.

Support levels: The most critical is 89,917, where the daily Bollinger lower band coincides with the liquidation zone—breaking below here would mean something significant; further down are 88,813 (strong support for bulls) and today’s low at 90,400.

**Technical Scan**

Daily chart: MACD is still positive (+205.14), but moving averages are exerting resistance on the price. RSI is neutral to slightly weak, with the price grinding below the midline, indicating energy is slowing down.

4-hour chart: SMA50 at 91,492 is creating considerable resistance. Bollinger Bands are narrowing, oscillating within a compressed range, waiting for a breakout from either side.

1-hour rhythm: The upward trendline support is still in effect, but volume cannot pick up. Indicators are in recovery, so caution is needed as there may be false signals hidden here.

On-chain signals: Net outflows of 3,779 BTC over the past 7 days, but institutional holdings remain stable, with medium-term buying support still present.

**Trading Ideas**

First approach (bullish): If the 91,200-91,300 zone can be effectively broken (with volume confirming), go long, with a stop-loss at 89,800. First target at 91,500-92,000; if momentum continues smoothly, 92,500-93,000 is also possible.

Second approach (bearish): Conversely, if the 89,900 support is broken within 30 minutes (not a fakeout), consider short positions, with a stop at 91,300, targeting 88,800. In extreme cases, prepare for 87,500-88,000.

Third approach (conservative): Before clear breakout signals appear, keep positions light or watch. Avoid high leverage, and limit each trade’s risk to within 2% of the account.

**Risk Reminder**

Low liquidity can cause false breakouts or breakdowns. Confirmation requires a real breakout with increased volume; candlestick patterns alone are insufficient. Keep an eye on US stock volatility and regulatory developments, as they may trigger increased market turbulence. If 88,800 is truly broken, the medium-term correction risk rises significantly; at that point, reduce positions further and avoid stubborn holding.