01.19 BTC Crash Follow-up Trading Strategies

After reaching a new high on January 14th, BTC entered a period of consolidation at high levels. This morning, it quickly dropped from 95400 to 91910, representing a deep pullback and profit-taking after the breakout. The daily MA10/20 remains in a bullish alignment, and the long-term structure remains intact, but momentum has clearly weakened. 92500-93000 is a key support level; a break below this level could lead to a move towards 90000. Strong resistance lies at 95500-96500. The 4-hour chart shows a break below the upward trend line, indicating a mid-term correction. 92500 is a key level to determine bullish or bearish sentiment, with strong support at 90000-91000. Resistance for any rebound is at 94500-95000. The MACD death cross indicates bearish pressure, and the RSI is oversold, suggesting a potential rebound. After a short-term panic sell-off, prices have stabilized: a low of 91910, a bullish divergence on the 15-minute RSI, and prices have returned to fluctuate above 92500; short-term resistance is at 93500-94000. Negative news has been largely digested (ETF outflows, profit-taking), but institutional allocation and medium-to-long-term confidence remain unchanged. Forecast: A bottoming pattern is likely to form within the 92500-94500 range over the next 1-2 days, with a low probability of a V-shaped reversal. Strategy: Buy lightly on a pullback to 92800-92500 with a target of 93500-94000; sell short on resistance at 94000-94500. For medium-term positions, wait for 91500-90500 or a return to 95000 before establishing a position; for long-term positions, continue holding as long as 90000 is not broken. I recommend a safe, reliable, and zero-slippage exchange. Registration comes with a 50% commission rebate: https://www.ktx.com/zh/login/register?invite_code=KTX888