January 13th Bitcoin Market Observation

The crypto market often exhibits polarization, with some steadily making profits while others fall into difficulties. The key lies in having solid technical skills—understanding market structure, recognizing risks, and being able to analyze—relying solely on intuition and guesswork will not lead to long-term success.

From a technical perspective, the 4-hour Bitcoin candlestick chart shows a clear Bollinger indicator contraction. The price is currently trading between the middle and upper bands, with the middle band forming effective support, while the upper band acts as short-term resistance. This pattern typically indicates that the market is accumulating momentum for a breakout and may face a directional choice soon.

Based on the current technical structure, it is recommended to maintain a low-risk long position and continue participating.

Trading reference: On Tuesday, consider deploying long positions in the 90600-91000 range, targeting the 92000-93000 level. Of course, specific operations should be flexibly adjusted according to risk management and individual risk tolerance.