1.22 Thursday Intraday Bitcoin Analysis

The four-hour timeframe still shows the price below the MA144 and MA169 moving averages. The MACD indicator remains in a death cross, with the green bars continuously expanding. The momentum of the candlestick remains strong. Although the KDJ three lines have rebounded in the short term, they are approaching the overbought zone, indicating significant downward pressure ahead.

Personal suggestion, for reference only (strictly set defensive levels):
Bitcoin around 90,700, buy on dips at 91,800, target 89,000, 87,300$BTC