Here is the core market analysis of BTC/USD on January 23rd (yesterday) (data compiled from mainstream platforms)
1. Core Price and Volume
- Intraday Range: $88,515 ~ $90,340, closing price around $89,500, slight intraday decline of about 0.3%, indicating a narrow sideways movement
- Trading Volume: Significantly reduced compared to the previous day, with strong wait-and-see sentiment among funds, no clear signals of main capital entering
- Key Price Levels: Short-term support at $88,500 and $87,600; resistance at $90,300 and $91,500 (EMA20)
2. Technical Signals
1. Daily Chart: RSI around 44.5
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