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January 2nd Morning Bitcoin Silk Road
On the four-hour chart, the price has risen as expected to around 89,000. It is now entering a correction phase. The next target will be to break through 90,500. From a technical perspective, the MACD has formed a golden cross, with the green bars continuing, and the KDJ indicator is maintaining an upward trend. The overall trend is clearly upward.
For trading, it is recommended to operate around 88,200-87,600 with the target of 90,500-93,000.