Pal BTC Daily Market Analysis – 2026.1.9 Daily Chart 1) The daily close looks great. Yesterday, it wicked down to 893 to form an EQL and then closed above 91. If it holds steady above 91, it’s likely to retest 94-95 again. 2) Remember, we’re still in a range-bound market. Only if it breaks and holds above 95 can we look at a trending move to test 10. 3) Last night’s wick to 893 actually formed an EQL here, gathering liquidity. Be cautious—if it tests upward and gets rejected, it might come back down to sweep liquidity again. 4) Non-farm payrolls tonight, watch for volatility. Hourly Chart 1) The price is currently suppressed at 915. It’s been consolidating between 910-915 for 8 hours now. But based on the data and the H4 trend, things are looking relatively healthy and bullish. 2) Wait for a breakout above 91650 to continue upward and test the bearish OB at 935. Personally, I think it’s a good idea to take partial profits here and then see if it can break through 94-95. 3) If the bearish OB rejects here, watch out—it might drop back down to sweep the 893 EQL again, test 88 for liquidity, and then pump back up.