Mu Feng's Trend Analysis: Bitcoin/Ethereum Market Analysis and Trading Suggestions for the Evening of January 27th

The market trend today was generally volatile, consolidating within a range with limited up and down fluctuations. Our strategy of shorting on rallies, which we implemented yesterday, resulted in a small profit on Bitcoin shorts at 88,500-89,000. Ethereum shorts in the 2920-2940 range are currently near their entry points. Overall, there is still room for further upward movement in the short term, and the initial setup phase is not yet complete. After a brief period of consolidation, if the price fails to break through the weekly MA5 resistance, a further decline with increased volume is expected. Today, the daily KDJ indicator has turned upwards, the MACD bearish momentum is gradually decreasing, and the Bollinger Bands are still in a continuous downtrend, with the lower band widening significantly downwards. There is still a slight rebound in the very short term, but the overall trend remains strongly bearish. For the early morning session, it is recommended to use a short-selling strategy on rallies. Specific entry points are as follows: BTC: Short at 88000-85000, target 86000; ETH: Short around 2930-2950, target 2830. These are my personal trading suggestions for the evening. Market conditions change rapidly, and this article has a certain time lag. Actual trading should be based on real-time guidance.