Technical analysis by MonoCoinSignal about Symbol BTC on 1/6/2026

Bitcoin is at a decisive junction. We are trading in the Premium Zone ($93,700+) with a clear conflict between timeframes. The 4H screams exhaustion (RSI 70.7 + Low Volume), while the 1H structure remains stubbornly bullish, holding above the $92,102 demand zone. The structure is intact, but the conviction is missing. 1. THE TECHNICAL REALITY (4H + 1H) 📉 We are seeing a divergence between price action and momentum: • The Trap (4H): Price is in the Premium sell zone. RSI is overbought (70.7) and volume is down 41% at these highs. This is classic "divergence" behavior, price grinding up while participation drops. • The Floor (1H): Despite the macro exhaustion, the 1H timeframe has cooled off (RSI 42.9) and is respecting the Ascending Support Trendline ($92,306). • The Magnet: We have a bearish OB supply overhead at $94,760, but a juicy unfilled FVG sitting below at $90,189. Price hates leaving these gaps open. 2. THE CONFLICT: MOMENTUM VS. STRUCTURE ⚖️ Bearish Case (The Exhaustion): • Volume has collapsed 66% on the 1H timeframe. • MACD is printing bearish divergence on the 4H. • 14.1% wick rejection at the $94,760 local top suggests sellers are active. Bullish Case (The Trend): • CHoCH and BOS are both confirmed bullish. • Price is holding above all major EMAs (20/50/200). • Buyers are defending the $92,102 Order Block. 3. THE TRADE SETUP 🎯 We play the reaction, not the prediction. Here are the two probability paths: 🔴 Scenario A: The Premium Rejection (Higher Probability) If volume fails to return, gravity takes over. • Trigger: Loss of the 1H support trendline ($92,300) • Target 1: $90,189 (Filling the 4H FVG) • Target 2: $86,760 (Major Swing Low) • Invalidation: 4H Close above $94,760 🟢 Scenario B: The Demand Reclaim If the 1H structure holds, we squeeze the shorts. • Trigger: Bounce from $92,102 (Bullish OB) with increasing volume • Target: $94,760 (Range High) → $96,000 Extension • Stop: Tight below $91,900 MY VERDICT Short-term structure is bullish, but the "fuel" (volume) is empty. I am leaning 68% bearish (expecting a sweep of the $90k FVG) unless we see a massive volume injection above $94k. Patience is the play, let the $92,100 level dictate the next move. MARKET ROTATION WATCHLIST 📋 While Bitcoin consolidates in this premium zone, liquidity often rotates into specific altcoin setups that are lagging behind. I am updating my watchlist today for coins that are showing cleaner structure than BTC.