On the daily chart, Bitcoin rose to the top of its trading range around 94,500 before closing lower for several consecutive days. The current range remains valid, with the top at 94,500, the bottom at 84,500, and the middle at 90,000. It has now fallen to around 90,000; a break below this support level would likely lead to a return to 84,500. Ethereum also rose to the top of its trading range around 3300 before closing lower. The current range remains valid, with the top at 3320, the bottom at 2770, and the middle at 3030. It has now fallen close to this level; a break below this support level would likely lead to a return to 2770. On the 4-hour chart, Bitcoin clearly reached the top of its trading range, tested it twice without breaking through, and then began to fall. It is currently in the middle range. Short positions opened yesterday were closed with profits. Ethereum's movement is similar, and there is still some room before it reaches the middle range. Two tests of the 3320 level resulted in resistance and a pullback, and yesterday's short positions were also closed with profits. The market is currently declining rapidly. Yesterday's short position in Bitcoin successfully hit its profit target, and we can continue to short at higher levels! Trading strategy: Bitcoin: Short at 90500-91000, target 89500-88500, stop loss above 91500; Ethereum: Short at 3130-3160, target 3030-2950, stop loss above 3200; These strategies are time-sensitive, please refer to the information on the homepage for details, and private real-time guidance will prevail!
1.8 Bitcoin and Ethereum Trend Analysis and Trading Strategy!
2026-01-08 12:42:40
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