"Market Analysis for January 13: Once January is over, the Dragon Head Market Will Begin!"



Yesterday's Bitcoin price was supported at 90488 after a spike, then it consolidated and attempted to push higher again without breaking the previous high of 925, forming a resistance level. The boring market created by the whale whales is gradually eroding the patience of retail investors, but there's no need to be anxious. January must be endured so that we can see the upward trend in February. Currently, on the daily chart, the indicators do not suggest the start of a downtrend. So relax and wait patiently for the trend in February!

$BTC If Bitcoin spikes again today, watch the support levels at 89700 and 88800. If the hourly chart cannot close above 92200, it will be difficult to see resistance at 93500 and 94100.

$SOL Sora mentioned yesterday that the 139 level was a rebound point, and it formed resistance again. Today, if the hourly chart cannot close above 140.5, it will be difficult to see a good rebound to test the resistance at 143 and 145. Support levels to watch are 136.5 and 133.5.

$ETH Ethereum yesterday found support at 3080, which was also a spike support, and it rebounded. If it spikes again today, support levels are at 3035 and 2990. On the hourly chart, it needs to close above 3150 to test resistance at 3250 again.

In summary, the whale whales are intentionally eroding retail investors' patience, but there's no need to worry excessively. Remember to endure January and protect your principal. February is when the real action begins. Until then, focus on conserving your energy. If you don't understand the market or can't determine the direction, welcome to join the Chief Analyst. Click to join the Chief Analyst community (Follow the Chief Analyst for daily market analysis and precise spike points. Long and short positions are for reference only. Strict stop-loss and take-profit are recommended).
BTC1,46%
SOL0,13%
ETH1,55%
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