📍#BTC Dingding Technical Analysis Report 2026-01-23

【Core Views】: Major bearish pressure, short-term stuck in a quagmire, 93K is the rebound barrier, 88K is the last line of defense for the bulls.

BTC is still suppressed below the moving averages at the 12H level, with a weak trend. Although there are signs of a stop-loss in the 4H and 1H, the rebound strength is limited and more of a technical adjustment after a sharp drop. In terms of operations, it is still recommended to set up short positions when rebounding to resistance levels, and do not blindly catch the bottom.

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📊 Long-term Trend: Medium Bearish (12H level)

Current Situation Interpretation:

Closing below the EMA moving average group and falling below 93,550, momentum weakens. As long as it cannot stand back above 94,705, every rebound is an opportunity to short.

【12H Swing Strategy】

• Key Operation: Short on rebound, chase shorts on breakout.

• Defense/Bull-Bear Boundary: 94,705.23

🛑 Short Position Layout:

• Rebound Short (Pending Order): 93,550.55 ~ 88,686.66 (Recommended Capital 60%)

• Chase Short (Breakdown): 88,686.66 (Recommended Capital 40%)

• Take Profit Target (TP): 82,784.32 ~ 77,920.43

• Stop Loss (SL): 99,437

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📊 Medium-term Trend: Consolidation (4H level)

Current Situation Interpretation:

Price has returned to the moving average entanglement zone. Although it did not continue to create new lows, it also failed to organize an effective counterattack. Both bulls and bears are hesitant at this position.

【4H Swing Strategy】

• Key Operation: Wait and observe.

• Defense/Bull-Bear Boundary: 86,112.64

🛑 Operation Suggestions:

• Wait and observe: Only confirm a shift to bearish when closing below 86,112.64. Before that, the risk of range trading is relatively high.

• Capital: 100% Watch.

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📊 Short-term Trend: Consolidation (1H level)

Current Situation Interpretation:

Although there is a short-term rebound, it lacks continuity and has not formed a trend. This kind of chaotic fluctuation is most likely to wear down capital.

【1H Swing Strategy】

• Key Operation: Wait and observe.

• Defense/Bull-Bear Boundary: 88,596.70

🛑 Operation Suggestions:

• Wait and observe: Only consider chasing shorts when closing below 88,596.70.

• Capital: 100% Watch.

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📝 Summary and Operation Suggestions

For Holders:

The major trend is downward; it is recommended to reduce positions on rebounds. 88K is a key support; if it breaks, exit decisively.

For Those Without Positions:

Patiently wait for short opportunities around the rebound near 93,550.