$BTC 1.9 Intraday Analysis, Follow Public Account JinChe Lun Bi#BTC行情分析

After the US stock opening in the evening, Bitcoin broke below the 90,000 mark and rallied to around 91,200, where it began oscillating. Currently showing an uptrend. Yesterday, BTC exhibited a declining oscillation pattern, hitting a low of 89,200, then bounced back, and has been slowly recovering since then. Currently, the price has recovered somewhat on the upside, with relatively small fluctuations from early morning to morning. Ethereum retreated to the 3,052 line yesterday evening with a relatively modest callback pressure.

Short-term bias is toward rebound, but medium-term moving averages remain under pressure.

89,200 is an important support level below. This pullback reached a low of 89,200, and after approaching this moving average, it quickly rebounded, indicating strong support at this level. Recent K-line formations show a bottom-exploration and recovery pattern, with large solid bullish candles at low positions accompanied by expanded trading volume, suggesting buying has entered during the decline. The 4-hour level has temporarily formed a bounce-back recovery structure, but whether it can break through MA25 resistance is key. If unable to break through, it will likely return to range-bound oscillations.

Friday morning strategy for BTC: Can take long positions around 90,800-90,300, target 92,500.
Ethereum: Can take long positions around 3,100-3,080, target focus on 3,200