2026-01-10 00:06:31

1.10 Bitcoin

The daily chart of Bitcoin has clearly signaled a downward trend, with the candlestick forming a long lower shadow pattern, indicating that the price has officially entered a high-level consolidation and oscillation zone.
During the early hours, the market attempted to break through the previous high but failed to form an effective breakout. Although the 4-hour chart showed a rebound trend, it could not reverse the overall slowdown in trading activity during the daytime; since yesterday, the pullback and surge structure has been weakening.

Based on volume and trend structure, the bullish momentum shows signs of exhaustion. It is recommended to focus on short positions at higher levels and consider long positions at lower levels, setting up short entries around key resistance levels.

- Trading suggestion: Short positions can be considered around 90800-91300, with a target near 89000$BTC $ETH

BTC0,08%

ETH0,29%

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