January 9th Auntie Ta



The overnight low-position positioning strategy was successfully executed. After the price rebounded to touch the 3148 level, it began to retreat.

The current market shows a clear bearish dominance: after the price broke below the middle band of the Bollinger Bands, it continued to oscillate weakly within the middle to lower band range. Although near the lower band support, the rebound momentum is severely lacking. The Bollinger Bands are opening and diverging downward, further strengthening the bearish trend.

On the indicator level, the MACD lines have formed a clear death cross, with DIF and DEA moving downward in sync. The MACD histogram continues to expand in the negative zone, indicating that the bearish momentum is still in the release cycle, with no signs of exhaustion.

Recommendation
Rebound to around 3150-3200, consider gradually shorting in batches, with targets looking down to around 3050-2900.
ETH-1,8%
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