January 22, 2026

1.20 tweet emphasized that the early trend of Bing Tang Cheng Orange before mid-February was downward, with the difference between the red and blue lines only in whether it breaks below 806 and the duration. Since the 1.20 update, Bing Tang Cheng Orange has fallen by 4200 points, currently finding support around 97,200. What’s next?

Yesterday's volatility was quite large, and the market also showed some face, allowing us to catch four short-term waves with group members, with the last order still being held (see details in Chart 2 and Chart 3).

The 872 in the early morning could be the end point of the first wave of decline starting from Bing Tang Cheng Orange 979. The subsequent rebound strength will directly determine the trend of Bing Tang Cheng Orange:

Red: Bing Tang Cheng Orange rebounds strongly, breaks above 910 and stabilizes. The rebound end point may fall at 924 or even 938. Afterwards, it shifts from a single-sided decline to range-bound oscillation, possibly breaking the range at the end of January or early February, then accelerating downward, but its end point will not be below 806. After completing the entire decline starting from 97888, it begins to rise again.

Blue: Bing Tang Cheng Orange rebounds weakly, tests 906 and 918 in the short term, then turns around and continues to break below 871 and even 858. This indicates a deep correction in Bing Tang Cheng Orange, which could last until mid-March and break below 806, heading towards 7xx.

The difference between the red and blue lines only lies in the depth and duration of the correction. Corrections will eventually end, and when the correction ends and the rally begins, everyone should be on board. #btc $BTC