Technical analysis of BTC:

1. Daily level:

1: BTC broke through the neckline of 100,000 on January 6, encountered resistance at 12,800, and fell back to 100,000 on January 7, but failed to hold up. The current price is around 94,000.

Daily level support can only refer to the previous low of 92,000.

2: The indicator MACD line crosses at a low level, repairing the deviation of the BTC price.

The RSI indicator is below 50, not far from the oversold range.

2. 4-hour level:

Last night, the lowest price hit 92,500 and was supported. RSI is oversold, MACD crosses the 0 axis, and the kinetic energy column gradually warms up. The pressure is around 96,000.

Summary: As long as the daily level support 92,000 is not broken, it is not overly bearish. After a sharp drop, it encounters strong support, and there is a certain rebound demand at the 4-hour level

Intraday support 92,500, resistance 96,000.$BTC