2026-01-18 08:27:44

Recently, the trend of Bitcoin has become the focus of everyone's attention. From a technical perspective, the high point of 94,800 formed on January 5th now acts as a support level — this is actually a well-known rule: previous highs that are broken often become support during subsequent pullbacks.

Looking at trading volume, the transaction data on January 13th and 14th still stand out a bit, indicating relatively sufficient activity. Moreover, the current correction is not too exaggerated, and the overall upward trend framework remains intact and has not been broken.

The macro environment also provides considerable support. U.S. stocks are maintaining an upward momentum thanks to TSMC's strong performance, and coupled with the ongoing interest rate cuts and ample liquidity in the dollar market, this is clearly a friendly signal for Bitcoin.

Overall, holding a half position until the end of the month to see how far it can go seems relatively prudent.

BTC-2,4%

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MetaverseLandlord

· 16h ago

94800, this key support level really needs to hold. If it breaks, it will be troublesome.

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PhantomHunter

· 16h ago

The support level at 94800 is holding firmly, and I'm relieved. Do I need to be so cautious, half position? I went all in. The boost from the US stock market this wave is indeed powerful; ample liquidity is a good sign. Let's wait and see where it can reach by the end of the month.

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rekt_but_not_broke

· 16h ago

94800, this key point is holding steady, it feels like we can push for another wave. Half position until the end of the month at this pace is okay, just worried about liquidity suddenly turning around. How long can this wave of support in the US stock market last? That's the real question. The technical analysis is correct; when volume is in place, it becomes much more reliable. The rate cut card will eventually have to be played, we'll see then. Whether we can hit a new high before the end of the month depends on the reaction in the next couple of days. I think if 94800 can't be broken, it's stable; if broken, it might need to retest. TSMC's good performance gives the US stock market confidence, and BTC is also doing well with the gains. Half position is a safe approach, not making big profits but also avoiding a crash. With such strong volume, it seems institutions still have motivation.

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rug_connoisseur

· 17h ago

94800 is really the support level; I only knew about this trick after playing before.

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PhantomMiner

· 17h ago

94800 is indeed an interesting level, but I still think it depends on the Federal Reserve's subsequent moves. If the expectation of interest rate cuts suddenly changes, everything becomes pointless.

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