2026-01-05 02:26:44

How did Bitcoin perform on January 15th (Monday)? Let's analyze it step by step.

**Market Review**

Since the beginning of 2026, Bitcoin has been on a continuous upward trend. Starting from an opening price of 87,600, it soared all the way to a high near 92,900 today, currently stabilizing around the 90,000 level. The two-week rally has been quite significant.

**What about the technical trend?**

This morning, a large bullish candle opened directly, jumping from 91,500 to 92,900, with a one-hour increase of 1,400 points. At first glance, the Monday morning trend looks good, but is this really the start of a rebound? Honestly, I think it’s more like a trap.

The KDJ indicator's three lines are already showing signs of fatigue, and the MACD has formed a death cross after crossing. The upward momentum appears strong, but in reality, it’s already lacking the strength to sustain. Under these circumstances, the upward energy is unlikely to continue, and a downward move is highly probable.

Looking at the 4-hour chart, a large bullish candle has already broken through the middle of the upper Bollinger Band, but the upper band has stopped the trend of further expansion upward. This suggests that within the day or even the entire week, Bitcoin may enter a downward pattern.

**How to operate?**

Bitcoin can consider short positions in the 92,800-93,000 range, with a stop-loss set at 94,200, and target levels around 91,000-88,000.

The downward force this time is definitely not small, and the potential decline is fully achievable.

BTC-1,37%

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PermabullPete

· 18h ago

Coming to lure more buyers again? I knew it. As soon as that big bullish candle appeared in the early session, I should have reduced my position. This trick has been the same for so long.

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Fren_Not_Food

· 22h ago

The trap is coming again. This bearish logic still has some validity, but I want to see if 88,000 can really hold.

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BugBountyHunter

· 01-05 23:48

It's another pump trap, a death cross, and we're going to drop to 88,000 again? Bro, how are your predictions so accurate? You said the same thing last time.

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NewDAOdreamer

· 01-05 20:50

How many times have we played the trap of诱多, and it's happening again. Still, I only dare to buy after it drops below 90,000.

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StablecoinGuardian

· 01-05 02:56

The trap of诱多 is back again. This rebound is really outrageous, with 1400 points being artificially pushed up in just one hour, but all the indicators are fake.

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DYORMaster

· 01-05 02:55

The trap is back again. The big bullish candlestick in the early session indeed fooled many people. Once the death cross appears, there's basically no hope. The bearish opportunity still needs to be seized quickly.

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PebbleHander

· 01-05 02:47

I saw through this pump early on. It should have sold at 92,900. Now I'm just waiting for it to drop to 88,000.

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mev_me_maybe

· 01-05 02:35

The bullish trap is so obvious that I should have been bearish long ago. Entered a short position at 92,800, aiming for 88,000. Just wait for the profit.

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CodeAuditQueen

· 01-05 02:27

The design of the trap architecture really resembles a problematic smart contract, superficially glamorous but secretly hiding reentrancy vulnerabilities.

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BTCWaveRider

· 01-05 02:27

Such a strong smell of pump, how can there still be people daring to chase high, really

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