1.29 Thursday Bitcoin Analysis

The four-hour level price comparison continues to be constrained by the dual resistance of MA144 and MA169. The medium-term downward trend remains unchanged, and the rebound strength is clearly insufficient. The MACD indicator's red histogram is shrinking, and the DIF line shows signs of turning downward. The momentum of the downward trend is rapidly diminishing. Although the KDJ indicator is in the neutral zone, the J line has already shown a turn, indicating short-term upward momentum is lacking. The support at 86,000 faces a second test; if it fails to hold, further decline is expected.

Personal advice, for reference only (strictly set defensive measures)
Bitcoin around 90,500, buy on dips at 91,500, target 88,000, 86,300