From a technical perspective, $BTC encountered significant resistance around the 92,000 level, which has now become a short-term strong resistance. Looking downward, the 90,000 level is the first support, and further down, the 89,500-90,000 range has accumulated a large number of liquidation orders. According to data, approximately $1.27 billion in long positions are in this area. If the price breaks below this level, the risk of a breakout is quite high.
From a trading standpoint, consider shorting around 91,500-92,000. Once the price reaches this resistance zone, a signal is triggered. The target levels are set around 90,000-89,000, which are both support levels and good points to take profits.
The market changes daily, and the key is to track real data and liquidation risk points. Only by combining fundamentals and technical analysis can one survive longer in this market.
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#密码资产动态追踪 Bitcoin Noon Observation on January 10
From a technical perspective, $BTC encountered significant resistance around the 92,000 level, which has now become a short-term strong resistance. Looking downward, the 90,000 level is the first support, and further down, the 89,500-90,000 range has accumulated a large number of liquidation orders. According to data, approximately $1.27 billion in long positions are in this area. If the price breaks below this level, the risk of a breakout is quite high.
From a trading standpoint, consider shorting around 91,500-92,000. Once the price reaches this resistance zone, a signal is triggered. The target levels are set around 90,000-89,000, which are both support levels and good points to take profits.
The market changes daily, and the key is to track real data and liquidation risk points. Only by combining fundamentals and technical analysis can one survive longer in this market.