Let's see today's market performance. On the Bitcoin side, it surged to a high in the morning but then lost momentum, fluctuating repeatedly around 91,000, and by noon, it dipped to the 89,632 level. Ethereum's pace generally followed Bitcoin, reaching about 3,148 in the morning before pulling back, then consolidating around 3,115, with the lowest point at 3,066 during the lunch session.



From the 4-hour candlestick chart, the trend shows a continuous downward decline. Although there is relatively strong support below, the momentum for a rebound has clearly weakened, and the bulls are unable to push higher. All moving averages are aligned downward, indicating a clear bearish pattern. The middle band of the Bollinger Bands is acting as resistance, with the price consistently being pushed within the downward channel.

Switching to the 1-hour chart, although a few bullish candles have recently appeared, the upper band of the Bollinger Bands is forming noticeable resistance. The bands are still narrowing, which is a typical weak rebound correction pattern. Based on multi-timeframe signals, the trading strategy for the evening is to short on rebounds—this is the core approach, with risk management taking priority.

**Specific Recommendations:**

Bitcoin: Enter short positions around 91,000, targeting 89,000

Ethereum: Enter short positions around 3,100, targeting 3,000
BTC-0.76%
ETH-1.4%
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SorryRugPulledvip
· 16h ago
It's the same old tune of shorting during rebounds again, fine, I believe you.
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TokenomicsShamanvip
· 21h ago
It's starting to stay cloudy again. Is it really going to drop this time? I think the bulls are out of the game; every rebound gets smashed back down. So annoying.
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QuorumVotervip
· 01-09 19:03
Are you trying to fool people into shorting again? I fell for this same story last time and I'm still at a loss.
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ForkYouPayMevip
· 01-09 12:54
Starting to short again, sell on the rebound? Are we about to break 90,000?
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AirdropCollectorvip
· 01-09 12:54
You're starting to talk down again. Every time this theory comes out, it causes a fuss. Forget it, let's just watch.
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TradingNightmarevip
· 01-09 12:54
It's the same old bearish downtrend script again. The bulls really should take a break.
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LayerZeroHerovip
· 01-09 12:53
It has proven that the bulls really have no more strength. The narrowing of the Bollinger Bands is a signal I had already noted in my review—a typical weak rebound signal... Follow the strategy to short tonight, and you must strictly implement risk management.
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DAOdreamervip
· 01-09 12:47
Going short again? Bro, you're tired of this trick. What will you say when the rebound smashes your face?
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WagmiWarriorvip
· 01-09 12:45
It's starting to stay gloomy again. The bears are on a strong streak this time. I think we should first see if we can hold the 89,000 level.
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BugBountyHuntervip
· 01-09 12:36
91,000 is back again. Can we really push forward this time? It feels like the bulls are out of energy.
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