2026-01-09 01:15:16

Morning Analysis

Bitcoin experienced a significant intraday pullback, but there is no need to be overly bearish, nor is it advisable to chase short positions. Resistance levels are focused on the key positions at 92400 and 94700, while support is primarily at the 89000 level.

Technical indicators show that after testing 89500, the price quickly returned near the MA5/MA10 short-term moving averages, which are showing signs of a reversal. The MACD indicator is showing initial divergence below the zero line, with bearish momentum gradually weakening, green bars shortening, and a golden cross formation building. The RSI dipped to 38 but then rebounded to 42, approaching oversold territory and triggering a rebound signal, with buying strength steadily entering the market. During the decline phase, volume was moderate; after stabilization, volume slightly increased, indicating that selling pressure has significantly diminished.

Trading Strategy

- Bitcoin: Enter long positions in the 90200-90700 range, targeting around 92200-92700.
- Altcoin: Enter long positions in the 3050-3080 range, targeting around 3200-3230.

BTC3,07%

ETH6,27%

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