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💹January 16 Evening BTC Market Analysis
Current BTC Trend:
◆1-hour timeframe: Selling pressure easing
◆6-hour timeframe: Selling pressure easing
◆Daily timeframe: Buying momentum easing, signs of potential reversal
Trading Recommendations
◆Short-term: Focus on shorting at high levels, quick entries and exits, strict stop-loss
◆Mid-term: Primarily long positions, buy on dips to confirm support, pay attention to position management
◆Long-term: Buy on dips for the long haul, accumulate in batches, manage positions carefully
Key Short-term Levels
◆Support levels: 94500, 92700, 90000
◆Resistance levels: 95500, 97200, 98000, 100,000