1.9 Bitcoin/Ethereum Long and Short Positions Continue to Profit. Can Tonight's Non-Farm Payroll Break the Market Stagnation?

Bitcoin and Ethereum have repeatedly warned of a pullback after recent rallies. Last night, they signaled a retracement to re-enter long positions, and overall, the market still has room to move higher. Currently, the market is showing a rebound after a decline, with a choppy pattern; the overall weakness remains unchanged. Tonight's US Non-Farm Payroll report will be a key influencing factor. Bitcoin and Ethereum dipped to around 89200 and 3050 last night, then rebounded. This morning, they reached highs near 91580 and 3147 before pulling back, and are now oscillating around 90400 and 3090.

On the daily chart, the price broke below the short-term upward trendline and is oscillating between the 5/10-day moving averages. The MACD has a death cross with increasing green bars, indicating that the bears are dominating the short-term trend. The 4-hour chart rebounded after touching the lower Bollinger Band, with RSI moving out of the oversold zone—showing some technical correction but lacking strong momentum. Support levels are around 89000 and 3050; a break below could see a further decline toward 88000 and 2980. The market focus tonight will be the US December Non-Farm Payroll report. If the data is significantly weaker than expected, it could trigger a strong rebound; otherwise, caution is advised for potential renewed pressure.

Evening Trading Suggestions: Buy Bitcoin near 89500-89000, targeting 91500-92500; buy Ethereum near 3060-3080, targeting 3150-3200.