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On the evening of January 15th, Bitcoin entered a typical bearish consolidation pattern. The price repeatedly tested the key range of 95,800-97,000, with the short-term direction still unclear but a stronger bias towards short positions.
At this stage, it is recommended to adopt a high sell and low buy approach, mainly focusing on a bearish strategy. The ideal short entry points are between 96,700-96,900. If the price pulls back, the low buy opportunities for long positions appear in the 95,800-95,950 range.
Pay close attention to two breakout signals: if Bitcoin breaks above 97,000, consider a light long position to test the resistance above; conversely, if it falls below 95,800, a light short position to probe the bottom also makes sense. The key to this market is patience—wait for a clear trend before rushing into heavy positions.