The market movement at the beginning of January was just a range pullback.
$BTC basically fluctuated between 89200 and 91500, with not much volume over the weekend, and neither side could take control, just exhausting.
From a technical perspective, there is still some upward momentum on the 4-hour chart, but as soon as it reaches the upper level, it clearly loses strength; around 92000 feels like hitting a ceiling, the bulls have the advantage but can't push it, this kind of market is the most torturous.
In terms of strategy, I am inclined to short on a high rebound:
If it reaches 92000–93000, it is a relatively comfortable observation zone for short positions.
Once a pullback is confirmed, first look for support at 89000, then at 88000.
Emphasizing, this is a directional judgment, not mindless ordering. During the session, watch the volume and the rhythm, don't chase the rise, and don't get washed out back and forth.
BTC, $ETH , $SOL are still in the observation period, with many variables; managing the position size is more important than just being correct about the direction.