Bitcoin's Short-Term Bear-to-Bull Transition: Will History Repeat Itself? | Invited Analysis
Summary of Bitcoin Market Analysis by Conaldo (Odaily Guest Analyst):
This weekly trading report provides a technical analysis of Bitcoin's recent price action and outlines short-term trading strategies. The analyst, leveraging proprietary quantitative models (Momentum Quant, Sentiment Quant, and Spread Trading models), reviews the past week and forecasts the upcoming period.
**Key Points & Performance:**
* **Strategy Execution:** A single short-term, leveraged (1x) trade was executed last week, resulting in a -1.07% return. The trade was closed according to strict risk management rules after the market moved against the initial short signal.
* **Price Validation:** The previous week's core prediction was validated as BTC's price successfully broke through the key resistance zone of $94,500-$95,000, reaching a high near $97,963.
* **Current Market Structure:** The weekly chart analysis indicates the overall trend remains bearish, requiring caution. The daily chart shows a recent rebound with initial signs of bullish momentum, though its sustainability is not yet confirmed.
**Technical Outlook & Key Levels (Jan 19-25):**
* **Critical Zone:** The $94,500-$95,000 area is identified as the crucial level to watch for determining short-term direction.
* **Resistance Levels:** Key resistance areas are $94,500-$95,000, $97,500-$99,500, and a major level near $102,000 (the 21-week moving average).
* **Support Levels:** Key support areas are $89,500-$91,000, $86,000-$86,500, and a major level near $84,000.
**Trading Strategy:**
Two scenarios are proposed for the coming week using 30% capital:
* **Scenario A (Bullish Break):** If BTC stabilizes above $94,500-$95,000, consider a long position with a stop-loss 1.5% below entry.
* **Scenario B (Bearish Rejection):** If BTC is rejected at or falls below $94,500-$95,000, consider a short position with a stop-loss 1.5% above entry, targeting ~$86,500.
**Historical Context & Broader Trend:**
A comparison to a past market cycle (2021) suggests the 21-week moving average will be a critical multi-week bull/bear divider. A failure to break and hold above it could lead to further downside, potentially below $80,000. A true trend reversal to bullish would require the weekly MACD to show a clear bullish crossover.
**Risk Management Emphasis:**
The report strongly emphasizes disciplined risk management: setting stop-losses immediately upon entry and trailing them to protect capital and lock in gains as the trade moves favorably.
*Disclaimer: This analysis is for informational purposes only and not investment advice. Markets are volatile; always conduct your own research (DYOR).*
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