Tuesday🗓️「January 13」

With the positive surprise of US December core CPI falling below expectations, Bitcoin surged briefly to $92,672, then slightly retreated, currently oscillating around the 91,800-92,100 range, overall maintaining a balanced pattern supported by macro bullish factors and awaiting technical breakthroughs.

The current market exhibits significant contradictions between bulls and bears, with multiple forces counterbalancing each other: on the technical side, hourly charts show bullish momentum, while on the daily chart, volume and price divergence hint at potential pullback risks; from the perspective of market sentiment, although bulls currently hold the upper hand, no one-sided trend has formed, especially since there was no increased volume following the surge, reflecting cautiousness among funds regarding high resistance levels, and increasing the risk of blindly chasing highs.

Going forward, focus should be on the short-term strong resistance at 93,000, which is not only a technical pressure zone but also coincides with a large number of short liquidations. A volume breakout above this level could open up upward space; the next target could be 94,700. Conversely, if the breakout lacks strength, the 92,000-92,500 range will serve as the upper boundary of short-term consolidation, with a high probability of the price returning to a range-bound pattern. Downward, attention should be paid to the support level at 91,000 USD.

Finally, I wish all crypto friends to grasp the rhythm, make steady arrangements, and harvest their own gains in this oscillating market!