January 8 Bitcoin Contract Trading Analysis

Core Data

Current price around 91,000, 24-hour fluctuation range 91,000-94,400, approximately 2.8% decline. Contract trading volume is active, long and short liquidations are increasing, funding rates are returning to neutral, open interest has slightly increased.

Key Price Levels (Trading Anchors)

Resistance levels: 93,000 (1-hour midline), 94,400 (recent high)
Support levels: 91,000 (intraday liquidation line), 90,300 (4-hour SMA50), 89,000-90,000 (daily dense zone)
Technical Analysis

1-hour RSI 42.5, weak, MACD bearish
4-hour RSI 52.2, neutral, MACD losing bullish momentum
Daily RSI 58.7, mild, MACD still bullish, medium-term bullish structure intact

Market Sentiment and Funds

ETF continues net inflow, whale holdings stable, exchange reserves decreasing, medium-term funds are bullish
In the short term, expectations of Fed rate cuts have cooled, high-level pullback triggered long liquidations, market sentiment has turned cautious

Contract Trading Strategy

Short-term: Short at 93,000, stop loss at 93,500, target 91,500-91,000
Wait for stabilization at 91,000 to go long, stop loss at 90,500, target 92,500-93,000
Medium-term: Add longs gradually at 89,000-90,000, stop loss at 88,500, target above 94,000
Risk Control: Within 3x leverage, single position ≤10%, strict stop loss $BTC