The recent movement of Bitcoin has been quite interesting. I’ve summarized the situation across different timeframes—
**The hourly chart looks a bit tired**. The bullish momentum is releasing, and some signals of a potential reversal to short are already brewing.
**The 6-hour chart is still continuing to rise**. This timeframe still shows strength, with no obvious signs of exhaustion for now.
**The daily chart is reversing**. The downward energy is accumulating, creating a divergence with the short-term rally, which we need to watch how it will be coordinated next.
**Trading ideas can be considered on several levels**:
For short-term trading, the current bias is more bearish, focusing on quick entries and exits—avoid holding positions too long.
The mid-term logic is primarily bullish. A pullback to support levels is an opportunity to add to positions gradually, but position management must be strict—don’t go all-in at once.
Long-term bullish outlook is fine; during pullbacks, plan your entries in batches. Time is on our side.
**Key levels to mark clearly**:
Looking down: 90000, 88800, 86600 — these are support levels.
Looking up: 91500, 92700, 94500, 95500 — these are resistance levels waiting.
Weak US non-farm payroll data has underperformed expectations, and this factor is already priced into the market. Don’t be scared by short-term volatility.
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#美国非农就业数据未达市场预期 January 11th $BTC midday technical summary
The recent movement of Bitcoin has been quite interesting. I’ve summarized the situation across different timeframes—
**The hourly chart looks a bit tired**. The bullish momentum is releasing, and some signals of a potential reversal to short are already brewing.
**The 6-hour chart is still continuing to rise**. This timeframe still shows strength, with no obvious signs of exhaustion for now.
**The daily chart is reversing**. The downward energy is accumulating, creating a divergence with the short-term rally, which we need to watch how it will be coordinated next.
**Trading ideas can be considered on several levels**:
For short-term trading, the current bias is more bearish, focusing on quick entries and exits—avoid holding positions too long.
The mid-term logic is primarily bullish. A pullback to support levels is an opportunity to add to positions gradually, but position management must be strict—don’t go all-in at once.
Long-term bullish outlook is fine; during pullbacks, plan your entries in batches. Time is on our side.
**Key levels to mark clearly**:
Looking down: 90000, 88800, 86600 — these are support levels.
Looking up: 91500, 92700, 94500, 95500 — these are resistance levels waiting.
Weak US non-farm payroll data has underperformed expectations, and this factor is already priced into the market. Don’t be scared by short-term volatility.