1.12 Monday Intraday Bitcoin Analysis

The four-hour rebound is actually a weak technical rebound, unlikely to change the medium-term correction pattern. Although the price has risen above the MA144 and MA169 moving averages, the KDJ indicator has entered the overbought zone, and the short-term upward momentum is nearly exhausted. The MACD shows an initial red histogram, but the DIF and DEA are still in negative territory. The rally lacks sustained momentum, and support at the 91,000 level is difficult to hold. The probability of further decline to the 90,000 or even 88,000 range has significantly increased.

Personal advice, for reference only (strictly set defensive measures)
Bitcoin around 91,800, buy on dips at 92,800, target 90,300, 88,800$BTC