On the morning of January 9th, from the K-line pattern, although Bitcoin rebounded at the support level, this rebound clearly lacks momentum, and the bulls have little strength. Currently, it does not have the conditions to hit a new high.



In plain terms, today is suitable for a rebound and shorting. Specifically, consider short positions in the 92000-93000 range, with targets around 89000-88000.

As for Ethereum, the technical performance is similar, still showing a weak rebound trend overall. It is not recommended to chase the high for now. In the short term, it is important to guard against downside risks; a rebound is an opportunity to reduce positions and set up shorts.
BTC-0,25%
ETH-1,03%
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BearMarketBarbervip
· 01-12 00:33
Unable to rebound, with such low volume, you still want to push for a new high? Dream on.
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BearMarketSunriservip
· 01-09 20:59
If the rebound lacks strength, then short it. This wave at 92,000-93,000 definitely won't break through, with the target at 88,000 for sure.
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WhaleWatchervip
· 01-09 02:53
Starting to talk down again. Is this rebound really that fake? I just want to ask, the last time I said this, could 90,000 hold?
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SurvivorshipBiasvip
· 01-09 02:50
Are you trying to short again after the rebound? Last time you said that, and it directly broke through 93,000 haha
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GweiWatchervip
· 01-09 02:28
Lack of rebound strength, this wave really isn't worth watching, 92-93 should be cut short and shorted quickly. Wait, can it really drop to 88? It feels a bit uncertain. Ethereum is the same, this rebound is a signal to reduce positions, don't be greedy.
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