1.27 Tuesday Intraday Bitcoin Analysis

Although the four-hour level price comparison has rebounded from a low, it still remains below the MA144 and MA169 medium to long-term moving averages. The pressure from the moving average system remains unchanged. While the MACD indicator shows short-term recovery signals, the DIF and DEA are still operating in the negative zone. Combined with the lack of effective volume expansion, this rebound is more likely a technical correction after a downward correction. If it cannot break through the 90000 resistance level, the price comparison is likely to continue its downward trend.

Personal suggestion, for reference only (strictly set defensive positions)
Bitcoin around 88900, see 89800 for a rebound, target 87400, 86000$BTC