On January 18, 2026, 10:55 (UTC+8), BTC is quoted at approximately $95,200 USD, with intra-day narrow fluctuations. The key focus is on the volume breakthrough of support at $94,800-94,900 USD and resistance at $95,600-95,800 USD. Strong support is at $94,000 USD, and strong resistance is at $96,000 USD.

1. Core Market and Key Levels

- Daily Chart: Oscillation around the midline of the upward channel, with strong support at $94,000 USD (M20), strong resistance at $96,000 USD, RSI neutral, overbought risk easing, consolidating at high levels, waiting for direction.
- 4-Hour Chart: Range-bound oscillation, support at $94,800-94,900 USD, resistance at $95,600-95,800 USD, MACD shows signs of a death cross, RSI weak, rebound lacks strength.
- 1-Hour Chart: Narrow consolidation, support at $95,000 USD, resistance at $95,500 USD, declining volume, no clear direction, mainly oscillating with ETH/SOL, focus on sideways movement.

2. Indicators and Volume

- Indicators: Daily RSI neutral, 4-hour MACD shows initial bearish momentum, RSI not strengthening, insufficient bullish continuation.
- Volume: 24-hour trading volume approximately $20.17 billion USD, shrinking compared to previous periods, rebound with low volume, difficult to sustain breakthroughs, prone to quick pullbacks.
- Market Funds: Perpetual futures funding rates neutral, ETF inflows slowing, retail investors cautious, institutional divergence, market sentiment cautious.

3. Actionable Strategies

- Long: When support at $94,800-94,900 USD is effective and volume stabilizes, consider small long positions, with stop-loss below $94,700 USD, target $95,500-95,600 USD, break above $95,800 USD, and close positions if volume diminishes.
- Short: During rebounds to $95,600-95,800 USD with low volume and long upper shadows, consider small short positions, with stop-loss above $95,900 USD, target $95,000 USD, break below $94,800 USD, and further down to $94,000 USD (M20) if broken.
- Wait-and-See: When range-bound with no clear signals, prefer to observe, avoid frequent trading, and wait for confirmed breakout or breakdown for trend trading.

4. Risk Warning

- Volume breakout below $94,800 USD, heading towards $94,000 USD (M20); volume breakout above $95,800 USD, aiming for $96,000-96,500 USD. Pay close attention to volume and ETH/SOL linkage.