#数字资产市场动态 1.15 Bitcoin Morning Chart Explanation

After this wave of continuous rallying, Bitcoin is now hovering around 97,000 at a high level. From the candlestick structure, the short-term bulls still seem quite strong—on the 4-hour chart, the price is moving upward along the upper Bollinger Band in a stepwise fashion. Although there have been a few bearish candles retracing, they were quickly absorbed, indicating that buying pressure still dominates the market.

Several technical signals also confirm this: the Bollinger Bands are opening upward overall, the moving average system is in a standard bullish arrangement, and various momentum indicators show no signs of weakening. Overall, the trend is indeed quite strong. However, this also presents a problem—after continuous gains, momentum is clearly waning, giving a sense of running out of tricks. The risk of chasing higher in the short term is increasing, so it's better to operate cautiously.

Therefore, today is more suitable for range trading—buying low and selling high, with both bullish and bearish opportunities, depending on how you manage the rhythm.

Bitcoin Trading Strategy:
• Consider buying on dips around 95,000—94,000
• Consider shorting on rallies near 98,000—99,000

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