Market Briefing for January 13

$BTC has stabilized above $90,000, with the current price positioned in the middle of the Bollinger Bands. Based on recent market performance, this wave is likely to continue its oscillating upward trend. However, don’t forget — tonight’s US CPI data release could stir the waters.

From a technical perspective, there is clear resistance around 92,300, while the support at 90,300 remains quite solid. It’s more prudent to position trades within this range.

Trading strategy reference:

**Long-Short Strategy** — High shorting and low longing rhythm
- Consider going long around 90,500, with a stop loss at 89,900
- Target near 92,300
- If the price surges to a high level, carefully observe for signs of a breakout
- If no breakout signals appear, you can continue to short

Simply put: repeatedly trade within this price band, and wait for the data to reveal the overall direction.