Has the Bitcoin market stopped falling? Focus on short-term trading over the weekend.

CN
16 hours ago

January 2026 is about to come to an end. In this month, we have operated with ease, and those who have been following Jiang Wei for a long time should know that since the beginning of the month, we have been on a winning streak, with a slight regret at the end of the month. There must always be some regrets left for next month.

The price of BTC has stopped falling around 81,000, forming a double bottom pattern with the previous low. Now the price decline has ended and is starting to gradually warm up, with previous candlesticks showing lower shadows, indicating a possible continuation of the upward trend during the day.

On the daily level, the candlestick shows a large bearish candle, also with a lower shadow, indicating that the bears are starting to lose strength. The price is currently oscillating at the lower boundary. If it stabilizes, the price will likely fluctuate back to absorb the downward space.

Therefore, it is recommended to look bullish in the 83,800-83,500 area in batches, with a target around 85,500. The fluctuations over the weekend are relatively weak, so we won't look too far ahead.

Follow the public account, "How to Relieve Worries, Only Jiang Wei," a treasure analysis blogger with high emotional value, sharing trading education for free. In the restless trading market, he brings stability and clear guidance, having navigated through three rounds of bull and bear markets and years of trading experience. He specializes in naked K, trends, Dow theory, Gann, harmonics, Chande theory, Elliott wave theory, and other technical analyses, gathering unique insights.

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