Operation ideas on 1/9

From the 4-hour chart of Bitcoin, after the price of Bitcoin fell to the lower edge of the track, it received effective support and started a rebound.

This phenomenon shows that the key support level has withstood the offensive of the bears and has not been broken. At this moment, we need to focus on the subsequent rebound.

There is no unilateral trend in the current market, and the price of Bitcoin will neither fall endlessly nor rise without restraint.

Therefore, if you blindly chase the short position in short-term operations, you will undoubtedly bear a lot of risks. In comparison, it is more appropriate to buy on dips.

Operation suggestions

Bitcoin: Buy in the range of 94500-95000, with the target of 96000-97000, and the stop loss is set at 94300.

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