January 5, 2026 14:40 (UTC+8), BTC price is approximately 92,800, showing a strong bullish trend with high-level oscillations. The strategy mainly focuses on buying on dips, with caution against chasing highs, and strict position and stop-loss management.

Core Views and Key Levels

- Trend Judgment: Daily "higher highs and higher lows," with a healthy bullish structure on the 4-hour chart; short-term 4-hour MACD shows signs of bearish divergence; 1-hour RSI is overbought, indicating a need for technical pullback.
- Key Support: 91,500-92,000 (support after intraday breakout); 90,800-91,000 (strong support lifeline); 88,800-89,600 (mid-term defense).
- Key Resistance: 93,000-94,000 (intraday high-density zone); 94,000-95,000 (major trapped positions); above 95,000 (volume breakout targets the previous high of 98,000).

Professional Trading Strategies (with levels and risk control)

- 🔵 Long Position Strategy (Primary)
- Conservative Long: Build positions in batches at 89,600-90,600, with stop-loss below 88,800, target 92,500-93,000, position size ≤10%.
- Aggressive Long: Rebound and stabilize at 91,500-92,000 to go long, stop-loss at 91,000, target 93,000-94,000, position size ≤5%.
- Chase Long (Breakout): Volume breakout above 95,000 to add lightly, stop-loss at 94,000, target 98,000, position size ≤3%.
- 🔴 Short Position Strategy (Cautious)
- High Short: Attempt short positions in batches at 93,000-94,000, stop-loss at 94,500, target 91,500-92,000, position size ≤3%.
- Stop-loss: Short positions are only short-term; exit immediately if broken above 95,000.
- 🛡 Position Management
- Longs: Move stop-loss up to 91,000 after profit, reduce positions in batches if below 90,800, close all if below 88,800.
- Shorts: Take profit around 91,500-92,000, no overnight holds.
- Leverage: Contract leverage ≤5x, each stop-loss ≤5% of total capital, avoid chasing high with heavy positions.

Risk Warning

- Beware of pullbacks caused by bearish divergence on the 4-hour MACD and overbought signals on the 1-hour RSI; avoid blindly chasing highs.
- Monitor sudden news impacts such as US stock volatility, Grayscale holdings adjustments, ETF fund flows, etc.
- The above is technical analysis and does not constitute investment advice. The market carries risks; operate cautiously.