#Strategy加仓BTC 1.20 Bitcoin bulls are accumulating energy; just maintain a low-position layout.

Bitcoin is currently oscillating around $92,500. After reaching $96,000, the big players didn't push directly to the round number of $100,000 but instead pulled back deeply, with a low around $92,000. Now, it’s repeatedly testing this $92,000 area.

Looking at the daily K-line, at the time of writing, the price is moving within the $92,000-$93,600 range. The EMA30 line is firmly pressing at $92,000, forming a short-term support level. Next, focus on the 0.168 Fibonacci retracement resistance level. The first target is directly at $94,200—if there's a genuine breakout, holding onto the position is fine; but if it stalls and starts to fall, it’s advisable to exit short-term positions and wait for the next opportunity. On the technical indicators side, the MACD red histogram continues to shrink, with the DIF and DEA lines converging and turning upward. The price has already fallen back to the middle band of the Bollinger Bands (around $92,350). Resistance is at $97,200. Short-term technical adjustments are inevitable.

On the 4-hour chart, $94,200 has become the northern barrier—this level is both the trend top resistance and the Fibonacci retracement suppression point. The double resonance makes it a real tough nut to crack. The MACD is still shrinking, with DIF and DEA continuing to converge. The middle band of the Bollinger Bands has moved up to $94,500. Currently, the price is stuck in the $92,000-$94,200 range, oscillating in the short term. Although the KDJ indicator has formed a golden cross, the buying power of the bulls is not increasing at all, indicating that the bulls are holding back their big moves. The current strategy is to trade the swings, buying at the lows and selling at the highs, using the upper and lower bounds of the range for layout.

Today, consider positioning at the $92,000 and $91,500 levels, targeting around $93,000 and $93,800.