# BTC-USDT Analysis

**Time Range**: 2026-01-22 00:00:00 ~ 2026-01-28 04:00:00
**Data Nature**: Real-time Candlesticks

## Candlestick Pattern Deep Analysis

1. **Strong bearish engulfing pattern around 91,179 (January 23)** - Previous uptrend reversal signal - Strong bearish signal

2. **Long red candle with significant price drop to 86,035.2 (January 25)** - Panic selling climax - Very strong bearish momentum

3. **Bullish hammer formation near 86,035.2 (January 25)** - Potential trend reversal after oversold condition - Strong bullish signal

4. **Series of small-bodied candles with upper wicks around 88,000 (January 26-27)** - Resistance testing with selling pressure - Moderate bearish signal

5. **Large bullish engulfing candle at current price 89,211.6 (January 27-28)** - Strong buying pressure overcoming previous resistance - Very strong bullish signal

## Technical Indicator Analysis

1. **EMA Analysis**:
- EMA7 (88,419.5) has crossed above EMA25 (88,577.3), indicating short-term bullish momentum
- EMA99 (90,407.4) remains above both shorter EMAs, suggesting overall bearish medium-term trend
- Price currently trading above all EMAs, confirming short-term bullish sentiment

2. **MACD Analysis**:
- MACD line (210.94) has crossed above the signal line
- Histogram bars turning green and expanding
- DIF (-288.4) and DEA (-499.4) values showing improving momentum
- Recent MACD crossover signals a potential bullish continuation

3. **Volume Analysis**:
- Significant volume spike during the January 25 selloff
- Recent bullish move supported by increasing volume
- Current 24h volume at 1.98B USDT indicates healthy market participation

## Support and Resistance Levels

**Resistance Levels**:
- Immediate: 90,000 (psychological level near EMA99)
- Medium-term: 91,000 (previous high before the drop)
- Major: 92,000 (round number near previous consolidation zone)

**Support Levels**:
- Immediate: 88,000 (recent consolidation area)
- Strong: 86,000 (recent bottom with strong bounce)
- Major: 85,000 (psychological round number)

## Comprehensive Technical Evaluation

The BTC-USDT pair experienced a significant bearish move from 91,179 to 86,035.2, followed by a V-shaped recovery. The recent bullish engulfing candle at 89,211.6 suggests strong buying interest returning to the market. The technical indicators confirm this bullish momentum with the MACD showing a recent crossover and EMAs beginning to align in a bullish configuration.

Conclusion:

BTC-USDT is showing signs of recovery after a sharp decline. The strong bullish engulfing candle at current levels suggests potential for continued upward movement. Traders might consider:

1. Looking for entries near the 88,000 support level if price pulls back
2. Setting profit targets near the 90,000 and 91,000 resistance levels
3. Placing stop losses below 86,000 to manage risk

**Risk Warning**: The recent volatility suggests caution. The overall market structure remains bearish when compared to longer timeframes, so position sizing should be conservative. Always use proper risk management when trading on Gate.IO