1.6 Tuesday Bitcoin Analysis

At the four-hour level, after the price touched the high, it quickly retreated, showing a resistance pattern during the rally. The KDJ indicator has entered the overbought zone deeply, indicating an urgent need for correction. Although the MACD red bars have not yet contracted, the DIF and price have already shown a top divergence pattern, and the momentum of the rally is nearing exhaustion. The MA144 and MA169 moving averages provide temporary support, but the short-term upward trend's steep slope is unlikely to be sustained.

Personal suggestion, for reference only (strictly set stop-loss)
Bitcoin around 94,600, buy at 95,700, target 93,000, 91,800$BTC