Thoughts on January 15th:

From the current market perspective, Bitcoin (BTC) briefly broke through the $97,000 mark last night but failed to stabilize at that price level. The current price has retraced to the $95,000-$96,000 range, entering a period of consolidation. It is noteworthy that during this process, the market has hardly seen any significant pullbacks, indicating a weakening of bearish forces, while bulls still firmly hold the initiative and dominate the market direction.

From a technical perspective, Bitcoin's current price is above the middle band of the Bollinger Bands, with overall volatility being relatively stable. The three lines of the Bollinger Bands are converging, indicating that the market is accumulating strength and waiting for a directional choice. The fast and slow MA lines are below the zero axis, but with the daily-level bullish candlestick pulling up, the coin price has steadily settled above the middle band, and various technical indicators are showing a bullish arrangement, with no obvious reversal signals in the short term.

Looking at the 4-hour chart, Bitcoin's price strongly broke through the upper band of the Bollinger Bands, followed by a certain degree of pullback; however, the pullback strength is limited and insufficient to shake the current bullish trend. At this point, the MACD dual lines are gradually turning upward, and the bearish energy bars are continuously decreasing, indicating that bullish forces are continually accumulating. Although both bulls and bears are temporarily in a stalemate, it is best to go with the trend under the current circumstances.

Long on Bitcoin at 95,200-95,500, targeting 96,200-96,500.

Long on the second coin at 3,160-3,180, targeting 3,240-3,260.