BTC sharply dropped from around 95,500, bottoming out at around 91,900 for support, then began to fluctuate and consolidate repeatedly in this area. As of now, the price is trading around the 92,400 mark, and on the hourly chart, the middle band of the Bollinger Bands is the main trading range.
Tuesday Trading Strategy: Short-term short positions are planned in the 92,800-93,400 range, targeting support at around 91,700-90,900.
The more people understand the rules of market operation, the easier they are to be bound by these patterns, losing flexibility in trading. Your trading experience will accumulate, but your market intuition may become increasingly dull.
Disclaimer: Personal opinions are for reference only. The market carries risks, and caution is advised when entering trades.
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FlashLoanLord
· 15h ago
It's another frustrating fluctuation; unable to break through the 92,400 level, feeling like a false alarm.
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NFTArtisanHQ
· 15h ago
honestly the whole "deeper knowledge = less flexibility" thing hits different when you're staring at those bollinger bands... like aren't we supposed to learn patterns? or is that the trap itself lol
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GasFeeNightmare
· 15h ago
It's dropped again. Can it stay steady at 91,900 this time? It feels like the middle band of the Bollinger Bands has become just a decoration.
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ForkItAll
· 15h ago
It dropped again, from 95,500 to 91,900. The magnitude is indeed a bit fierce, but this statement is true: the more you understand the patterns, the easier it is to get trapped. This is truly outrageous.
#数字资产市场动态 Tuesday, January 20 $BTC Market Review
BTC sharply dropped from around 95,500, bottoming out at around 91,900 for support, then began to fluctuate and consolidate repeatedly in this area. As of now, the price is trading around the 92,400 mark, and on the hourly chart, the middle band of the Bollinger Bands is the main trading range.
Tuesday Trading Strategy:
Short-term short positions are planned in the 92,800-93,400 range, targeting support at around 91,700-90,900.
The more people understand the rules of market operation, the easier they are to be bound by these patterns, losing flexibility in trading. Your trading experience will accumulate, but your market intuition may become increasingly dull.
Disclaimer: Personal opinions are for reference only. The market carries risks, and caution is advised when entering trades.