| Rdwan_Aawaj on Gate Square

Rdwan_Aawaj

2026-01-22 11:02:02

Korean_Girl

2026-01-22 03:56:45

Analysis of the midday market on the 21st.
Overnight, Bitcoin faced no resistance and broke below the 90,000 mark, dropping to a low of around 87,800, with the bulls being suppressed. We continue to suggest a shift to a short position, accurately capturing this round of decline.
From the market perspective, the bearish trend still exists, and it can be compared to gold for reference. The 4-hour chart shows a waterfall decline, with no signs of stabilization in the short term. Support levels below are not currently meaningful. Today's trading strategy is to follow the trend and short on rallies.
BTC trading suggestion: Short near 89,600-90,000, stop loss at 90,500, take profit at 87,800-86,800.

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