2026-01-13 08:03:10

1.13 Afternoon Market Analysis | Mainly Range-Binding with a Major Move Brewing

The current range continues to contract, with short-term momentum characterized by frequent reversals. Do not enter the market without precise timing; intervening in the middle zone can easily lead to passive holdings, making it difficult to maintain confidence in your position.
Follow the core principle of oscillation: resistance must be broken to establish a new trend. Key resistance at 92,600, strong support at 90,000. Before data release, the market is likely to remain in a range-bound oscillation. The major trend window is locked in over the past two days, waiting for a breakout.
Bitcoin Trading Strategy (Range-Bound Play)
✅ Short positions reference: 92,300-92,600 range, based on resistance levels for pullback trading
✅ Long positions reference: 90,300 support level for stabilization and rebound trading
✅ Core idea: Strictly adhere to the range-bound zone, enter at key levels, exit when reaching targets, avoid fighting the trend and chasing trades

BTC3,29%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.