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On January 8th, BTC experienced intraday volatility and a downward trend, currently trading around $92,300, down approximately 1.5% in 24 hours. During the day, it dipped to $91,500, with bulls showing weak momentum. The probability of the Federal Reserve maintaining interest rates in January is high, and funds are cautious. Short-term focus is on support levels at $91,500-$90,000. If these are broken or the price drops to $89,000, resistance levels at $93,000-$94,400 will be key. Controlling leverage is recommended.
BTC short-term trading on January 8th (personal opinion, not investment advice, invest cautiously):
• Position: 30% allocation, leverage ≤5x (to avoid high volatility liquidation risk)
• Support: First at $91,200-$91,500, second at $88,500 (stop-loss and exit if broken)
• Resistance: First at $93,800, second at $94,500 (light short positions can be opened if encountered)
• Risk control: Stop-loss set at $95,500 (longs) / $84,000 (shorts)
• Signal: Breakthrough of $94,500 can add to longs; falling below $88,500 to take profit on shorts.