January 11, 2026 $BTC 4-hour level is in a critical window for direction selection

The market did not immediately turn into a downtrend but entered a high-level consolidation. However, due to MACD bearish divergence death cross, key support levels being tested, and shrinking volume, the consolidation pattern has a downside risk. If the volume cannot break through the upper boundary of the consolidation zone later, it may evolve into a downward continuation.

Key levels:

*Resistance levels:

1. $93,000 - $93,500: A region where recent rebounds have been blocked, and where the fast and slow EMAs are about to form a death cross, forming a strong resistance.

2. $94,000 - $94,800 (previous high area): The ultimate resistance zone and the position where bearish divergence is formed, making a breakout very difficult.

*Support levels:

1. $90,000 - $90,500: A support zone tested multiple times recently, also near the slow EMA (currently around 90952). This is a lifeline; if it is effectively broken downward (e.g., the 4-hour candlestick closes below it), the consolidation pattern is highly likely to turn into a downtrend.

2. $88,500 - $89,000: The starting platform of the January rally and the previous accumulation zone, representing a more important support.

Trading suggestions:

Investors should remain cautious and avoid chasing highs. Focus on the gains and losses around the $90,000 - $90,500 support zone. If volume breaks below this, switch to a bearish outlook; if it stabilizes above this support and breaks through $93,000 with volume, there is still potential for upward movement after short-term consolidation. Until clear signals appear, it is advisable to adopt a range-bound trading strategy, buy low and sell high, with strict stop-loss settings.