2026-01-20 02:28:40

On Tuesday's open, Bitcoin continues to maintain a volatile rhythm. After yesterday's decline, the market did not experience a strong rebound; instead, it appears somewhat weak. Overnight, Bitcoin rebounded to around 93,400 before starting to fall back. Although the 92,100 level provides some support, its strength is not prominent. Last night's high-level short positions were executed as planned, yielding over a thousand points in profit. Currently, the price is consolidating around 90,600.

Looking at the 4-hour K-line, the Bollinger Bands are still diverging downward, with the price running along the lower band. Moving averages and various indicators all point to a bearish trend, indicating that the rebound's sustainability is quite limited. Until an effective recovery of the bulls is formed, the trading strategy remains to short on rebounds.

In the early morning, focus on rebound opportunities above 93,000. Consider establishing short positions with the first target at 91,500. If the weakness continues, close attention should be paid around 90,000.

BTC-1,71%

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bridgeOops

· 8h ago

Last night, the short position paid off, making a thousand points profit is nothing... Now, it's all about whether I can short again at 93,000.

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TradFiRefugee

· 8h ago

A thousand points of profit is really awesome. This wave of short positions is just perfect. It's always smashing on rebounds. When will we see the bottom? The Bollinger Bands are hugging the lower band, it looks uncomfortable, and my mentality is about to collapse. If we can't hold the 90,000 key level, we're done for. Why could we gain a thousand points yesterday, but today it's so weak? Did the trader slack off? Rebound opportunities keep coming, and I’m really tired of this pattern of one rebound after another.

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UnluckyValidator

· 8h ago

Last night, short positions felt great, just worried that today might bring another strange rebound

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HalfIsEmpty

· 8h ago

Last night, the short position gained a thousand points. This wave of volatility is indeed boring... Sell on rebounds, and keep running along the lower band.

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ThatsNotARugPull

· 8h ago

Yesterday's short positions were really satisfying, taking a thousand-point profit and then closing out. Greed is truly the poison. We're still in consolidation; this rhythm can wear people out. Let's wait until 93,000 before making any moves. With the Bollinger Bands like this, short-term rebounds are all false signals. Don't be fooled. I've noted the 90,000 support level. If it really breaks, that will be interesting. My short-term strategy is fine, but the consolidation is too frustrating. When will we get a clear direction? This weak rebound is perfect for shorting. Let's keep an eye on 91,500.

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