Today, BTC is mainly high-altitude! Currently, BTC is near the upper rail of the box, and bulls should be careful to open positions.
Don't pay too much attention to the news when speculating in cryptocurrencies. Yesterday, the US President's inauguration speech gave bulls a hammer. I personally think that the news is sustainable or has a low success rate for BTC price trends.
Yesterday's fluctuations had a difference of nearly 10,000 US dollars. Try to choose high-altitude as the main option in the near future. First look at the daily chart. I think BTC is currently moving in an M-top right structure, which is not conducive to the upward development of bulls. If you are a profitable bull, you should stop profit at highs. If you want to go long now, at least wait for the price to pull back to the lower rail of the box before opening a long position.
From the 1-hour chart, it is a relatively strong rebound. If it stands near 103,000 today, it is expected to rise to 108,000. If it falls directly, look at 100,000. $BTC