Supported by favorable CPI data, Bitcoin has formed a clear breakout with increased volume. From a technical perspective, the 4-hour and daily charts have established a bullish pattern, but the 1-hour K-line has entered overbought territory. It is expected that the early trading session will likely see a "rise and pullback, seek support at the bottom" pattern.
Trading idea: Appropriately go long within the 95,000-94,300 range, with targets around 97,000-98,000.
Focus on the following cryptocurrencies: #策略性加码BTC $BTC $SOL
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BearMarketSurvivor
· 9h ago
Still daring to push after being overbought? I don't have the guts to take at 95,000; let's wait for a pullback to 93,500 before considering.
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FloorPriceWatcher
· 9h ago
Still daring to chase after being overbought, this pullback is fierce. Can the 95,000 level really hold?
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DeFi_Dad_Jokes
· 9h ago
Still daring to chase after overbought? I don't believe it won't pull back this time. I'll wait until it drops to 94K to get in. Rushing to buy meat easily burns your mouth.
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OptionWhisperer
· 9h ago
Overbought and still pushing? Be careful with this move. I'm thinking of buying around 95,000, but I feel like it needs to retest a bit more before feeling comfortable.
Bitcoin Morning Market Analysis on January 14
Supported by favorable CPI data, Bitcoin has formed a clear breakout with increased volume. From a technical perspective, the 4-hour and daily charts have established a bullish pattern, but the 1-hour K-line has entered overbought territory. It is expected that the early trading session will likely see a "rise and pullback, seek support at the bottom" pattern.
Trading idea: Appropriately go long within the 95,000-94,300 range, with targets around 97,000-98,000.
Focus on the following cryptocurrencies: #策略性加码BTC $BTC $SOL