#数字资产市场动态 January 23 Morning Bitcoin Market Observation

Bitcoin is currently stuck around 89,500, fluctuating back and forth but showing no signs of breaking through. The support at 89,200 is looking like it might not hold much longer. Once this level is broken, the market will likely head straight to the previous low of 88,465. If it truly falls below that, the bearish pattern will be fully established.

Let's talk about trading strategies. If you're looking to short, consider entering short positions when the price is between 90,000 and 90,500, then set your target around 88,000 to 88,500. From a short-term technical perspective, the resistance is quite evident.

Watch the following coin: $BTC $ETH $AXS

The key to this market movement still depends on how long 89,200 can hold. Once it gives way, it will be a different story.