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๐ BTC Market Update โ January 11, 13:15 (UTC+8)
BTC is currently trading at $90,700, moving within a tight range of $90,400โ$90,900. Bulls and bears remain evenly matched.
Key short-term levels: Resistance at 91,000, Support at 90,300.
Break above resistance โ Targets: 91,400โ91,800
Break below support โ Targets: 89,900โ89,500
Current strategy focuses on breakout confirmation and phased risk control.
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๐ Core Market Data
Price: $90,700
24H Change: +0.25%
Daily Range: 90,404 โ 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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๐ฏ Key Levels (By Importance)
Resistance Zones
91,000 โ Short-term strong resistance
91,400 โ 4H SMA50
91,800 โ Daily mid-band
92,000 โ Psychological level
Support Zones
90,300 โ Intraday low + liquidation area (key level)
89,900 โ Daily lower band
89,500 โ Strong bullish defense
88,800 โ Deep support
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๐ 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 โ breakout approaching
1H Chart
Uptrend support holding
Volume remains low
Indicators recovering โ 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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โ Trading Plans
Strategy 1: Breakout Long
Entry: Clear break above 91,000โ91,100 with volume
Stop Loss: 90,200
Targets: 91,400โ91,800
Extended Target: 92,000โ92,200
Strategy 2: Breakdown Short
Entry: 30-min close below 90,300
Stop Loss: 91,100
Targets: 89,900
Extended Target: 89,500โ89,000
Strategy 3: Range Mode
Before breakout: Light positions or observe
Avoid high leverage
Risk per trade โค 2%
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โ Risk Reminder
Beware of fake breakouts caused by low liquidity โ always confirm with volume
Watch US stock market moves, ETF flows, and regulatory news
If 89,500 breaks, medium-term correction risk rises โ reduce exposure