From a technical perspective, the short-term trend in the early morning was slightly upward with some fluctuation. The 5-day moving average (MA5) on the main chart has turned slightly upward, but the 30-day moving average (MA30) continues to exert downward pressure. If a breakout fails, the price will likely continue its downward trend with increased volume. Overall, the selling pressure above is still very strong, and the probability of a further breakout is not very high. Currently, short-term traders can consider shorting near the resistance levels. Specific entry points are as follows: Bitcoin: Short at 91600-92400, target 90000. Ethereum: Short near 3140-3170, target 3060. The above are my personal trading suggestions for the early morning and are for reference only.

Bitcoin and Ethereum short positions were highly successful this afternoon: Our bearish outlook was validated once again this afternoon. Our initial target levels for Bitcoin were 91500 and Ethereum around 3140. Bitcoin trended downwards throughout the day, reaching 89800 after the US stock market opened, which we promptly exited near our target level. We also exited Bitcoin at our target level of 3056 to secure profits in case of a rebound. The market movement was very much in line with our expectations. With such market movements, both trend and swing trading can yield profits; the key is your entry point. In this strategy, we gained nearly 1500 points on Bitcoin and nearly 70 points on Ethereum. Those who followed our strategy definitely profited. All our strategies and entry points are provided in advance and are traceable.

Ethereum is currently trading in a narrow range between 3050 and 3180 on the 4-hour chart, with bullish and bearish momentum locked in a stalemate. A breakout confirmation is needed for a short-term direction. Trading strategy should focus on buying low and selling high within this range, followed by breakout trading, with strict stop-loss orders. Analyzing the 4-hour Ethereum price trend, the daily candlestick chart shows a recent decline from a high of 3296.84, currently fluctuating around 3086.6. Three consecutive days of declines indicate a weak downward trend. On the 4-hour chart, the price has repeatedly attempted to break through the EMA7 moving average without success, forming short-term resistance, while the lows are gradually rising to near the previous low of 3067. In the 4-hour MACD cycle, the DIF and DEA are below the zero line, and the MACD histogram is negative and expanding, indicating that bearish forces are dominant but showing signs of slowing. The RSI14 is currently at 37.9, approaching oversold territory, suggesting a potential short-term rebound, but the overall trend remains weak. The EMA price is trading below the EMA30 and EMA120, with the EMA7 providing significant resistance. The EMA30 (3141.5) is a key resistance level. Key resistance levels: 3120-3127 (30-day moving average + Alligator jaws), 3140-3148 (Bollinger Band upper band), 3180-3200 (previous high neckline). Ethereum (ETH) conservative entry strategy (1/9): Short positions are recommended around 3080-3100, with a target of 3050-3020. Strategies are time-sensitive; implementation should be based on free guidance.

The strategy of shorting on rallies, which was planned in advance this evening, has once again been perfectly validated. Shorting Bitcoin near 90500 yielded a profit of over 1500 points, with the price currently reaching a low of 89000. Shorting Ethereum near 3130 yielded a profit of over 80 points, with the price currently reaching a low of 3050. Both targets were perfectly reached. Congratulations to those who followed the shorting strategy! Remember to manage your profits wisely within the trading range!

The afternoon short positions on Bitcoin and Ethereum were a resounding success: On January 8th, our bearish outlook was validated once again. Our initial short positions for Bitcoin were around 90800 and Ethereum around 3140. Bitcoin steadily declined, reaching 89242 near our target price after the US stock market opened. We exited our positions promptly. We also exited our positions on Ethereum at our target price of 3052 to secure profits in case of a rebound. The market movement was very much in line with our expectations. With such market movements, both trend and swing trading can yield profits. The most important thing is your entry point. In this strategy, we gained nearly 1000 points on Bitcoin and nearly 80 points on Ethereum. Those who followed our strategy definitely profited. All our strategies and entry points are provided in advance and are traceable.

In the afternoon, Bitcoin and Ethereum successfully gained some ground at higher levels. Bitcoin's current hourly MACD chart shows decreasing bullish momentum, but the DIFF line remains below the zero line, indicating insufficient short-term rebound momentum and no trend reversal. The price is below the moving averages, forming a bearish pattern, indicating significant short-term pressure. Ethereum's current hourly MACD chart also shows decreasing bullish momentum, but the DIFF and DEA lines remain in negative territory, indicating weaker rebound momentum than Bitcoin. The KDJ lines are slightly upward, but have not formed a golden cross, so a false rebound should be anticipated. Bitcoin and Ethereum are expected to maintain a sideways-to-bearish pattern tonight. A rebound requires volume support; otherwise, they will continue to test support levels. Trading recommendations: Bitcoin: Enter around 90500-91000, target 89000-88000; Ethereum: Enter around 3120-3160, target 3050-3000. Market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.