📌 BTC Market Update — January 11, 13:15 (UTC+8)
BTC is currently trading at $90,700, moving within a tight range of $90,400–$90,900. Bulls and bears remain evenly matched.
Key short-term levels: Resistance at 91,000, Support at 90,300.
Break above resistance → Targets: 91,400–91,800
Break below support → Targets: 89,900–89,500
Current strategy focuses on breakout confirmation and phased risk control.
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📊 Core Market Data
Price: $90,700
24H Change: +0.25%
Daily Range: 90,404 – 90,832
Market Cap: $1.81T
24H Volume: $11.93B
Market Status: High-level consolidation after correction, shrinking volume, awaiting directional move
Correlation: Closely linked with US stocks and ETH
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🎯 Key Levels (By Importance)
Resistance Zones
91,000 — Short-term strong resistance
91,400 — 4H SMA50
91,800 — Daily mid-band
92,000 — Psychological level
Support Zones
90,300 — Intraday low + liquidation area (key level)
89,900 — Daily lower band
89,500 — Strong bullish defense
88,800 — Deep support
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📈 Technical Overview
Daily Chart
MACD: Positive (+205.14)
RSI: Neutral (51.7)
Price near middle band, momentum slowing
4H Chart
SMA50 (91,400) acting as strong resistance
Bollinger Bands contracting → breakout approaching
1H Chart
Uptrend support holding
Volume remains low
Indicators recovering — watch for fake moves
On-Chain Data
7-day exchange net outflow: 3,779 BTC
Institutional holdings stable
Medium-term accumulation support remains
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⚙ Trading Plans
Strategy 1: Breakout Long
Entry: Clear break above 91,000–91,100 with volume
Stop Loss: 90,200
Targets: 91,400–91,800
Extended Target: 92,000–92,200
Strategy 2: Breakdown Short
Entry: 30-min close below 90,300
Stop Loss: 91,100
Targets: 89,900
Extended Target: 89,500–89,000
Strategy 3: Range Mode
Before breakout: Light positions or observe
Avoid high leverage
Risk per trade ≤ 2%
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⚠ Risk Reminder
Beware of fake breakouts caused by low liquidity — always confirm with volume
Watch US stock market moves, ETF flows, and regulatory news
If 89,500 breaks, medium-term correction risk rises — reduce exposure