BTC's strong performance on January 14th continues. As of the morning of January 15th, Bitcoin has already touched around $97,000, with a intraday high of $97,750 and a low of $94,400, with a daily increase of 3.08%. It is worth noting that just the previous day, it surged 5.18% to break through $96,000. The bullish momentum still shows no signs of weakening.

From a technical perspective, the daily MACD is in a bullish expanding phase, indicating that upward momentum indeed exists. The Bollinger Bands, after breaking out, have now become a support level, which is considered a relatively strong technical sign. Looking at the four-hour chart, the EMA indicator is trending upward, suggesting short-term strength. However, this continuous rise also raises the risk of overbought conditions leading to a correction.

The key now is whether Bitcoin can hold the psychological level of $97,000 and continue to push towards the $98,000-$100,000 range. The support levels below are at $95,000-$94,500. The ability to defend this zone may determine the next direction.