Analyst Chen Shu: Yesterday's strategy for Bitcoin and Ethereum yielded profits again on January 16th. Pay attention to the strength of any pullback.

Analyst Chen Shu: Yesterday's Bitcoin and Ethereum strategies yielded profits again. Pay attention to the pullback strength. Yesterday's midday article analyzed a shorting strategy for Bitcoin at 9.65/9.7 and Ethereum at 3330/3400. The short positions successfully profited 2000/100 points. Congratulations to those who followed the strategy. Looking at the daily chart for Bitcoin, yesterday's upward trend stalled, closing with a small green candlestick. The bullish force is temporarily holding above 9.5. On the short-term 4-hour chart, watch the 9.5 level for support. If this level is breached, the short-term trend will continue downwards, with support at 9.38. The short-term resistance level is around 9.6, where the 30/60-day moving averages converge on the 1-hour chart. It is recommended to observe a pullback in the short term. From the daily chart, Ethereum's price rebounded again yesterday but failed to break through the 256-day moving average (MA256). In the short term, the 3400 level remains a key resistance level. Until it breaks through and holds above this level, a strong and sustained bullish trend is unlikely. On the 4-hour chart, short-term support is seen at 3280, and resistance at 3325. Midday trading strategy (written at 16:10):