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#数字资产市场动态 1.21 $BTC $ETH Evening Market Analysis
Bitcoin's recent correction should not be underestimated. On the 4-hour chart, Bitcoin is starting to struggle—after rising to the middle band of the Bollinger Bands, it was pushed back down. Repeated attempts to break higher have failed, and now it's sliding along the lower band. MACD momentum is heavily bearish, with the bears fully in control. This is not just a correction; the downtrend is continuing.
Looking at the 1-hour chart, each high and low is lower than the previous one, and trading volume remains sluggish. This is the easiest time to trap long positions. So once it starts to rise, it's a good opportunity to short.
The trading strategy is clear:
- Short Bitcoin in the 90000-89000 range, targeting 88000-86000. If it breaks below, continue to look for a drop towards 84000.
- Short Ethereum in the 3000-2950 range, targeting 2920-2850. If it truly breaks below 2900, further declines are expected.
The key principle tonight—only short, no chasing bottoms. Don't try to guess the bottom. Resistance levels confirm the direction; stick to this line.