2026-01-09 12:40:31

Market Rhythm Analysis | Short-term Trends of BTC and ETH

Yesterday's bearish strategy indeed captured many opportunities. Today, the market enters a correction phase, and the signals are quite interesting—KDJ on the 12-hour chart shows a death cross, MACD bullish momentum begins to weaken, and the upper band of Bollinger Bands faces clear resistance. All these indicate that short-term upward momentum is fading.

Although trading volume hasn't significantly increased, it remains relatively active, suggesting there is still room for operation. From a moving average perspective, MA5 and MA10 have already crossed downward to form resistance, and MA30 continues to decline, indicating a generally weak rhythm.

In this situation, the approach should lean towards shorting on rallies. Specifically:

**Bitcoin (BTC)**: Consider short entries around 90500-91000, with a target of 89000.

**Ethereum (ETH)**: The 3100-3130 range is a good shorting position, with a target of 3030.

The above is purely personal observation; trading should be cautious.

BTC0,23%

ETH0,86%

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GasFeeBeggar

· 18h ago

A death cross signals to start bearish, I'm too familiar with this trick... But this wave does have some pressure, whether 89,000 can hold remains to be seen.

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MEV_Whisperer

· 01-09 13:09

The death cross has appeared. This bearish move does have some strength, but whether 89,000 can hold depends on the volume. It feels like a breakdown might be imminent.

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GateUser-cff9c776

· 01-09 13:09

Once again, it's the same dead cross theory, which feels as precise as Van Gogh's brushstrokes. But I just want to ask, can this bearish wave really break 89,000, or is it another Schrödinger's bear market?

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SerumSquirter

· 01-09 13:08

Death cross again, death cross again, time to short again... Feels like I'm shorting every day haha It's that moving average theory again. Can it really drop to 89,000 this time? I'm betting five dollars that it will reverse again I've seen this price point for Ethereum too many times. Every time they say the target is 3030, but what happens?

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FrontRunFighter

· 01-09 13:08

yeah the MACD energy dying out... but ngl this smells like classic liquidity trap setup. they always shake out the weak hands before the real move, watch the MEV extraction happening underneath these "natural" price swings fr

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FromMinerToFarmer

· 01-09 13:08

Dead cross and still want to pump the market? Looking at this pattern, I just want to short. Something's off, feels like this wave is about to break down, brothers. MA30 is also falling, what does that indicate... Have the main players already run away? I also see the 90500 level, just worried it won't break down... The Bollinger Bands are so tight, let's wait and see if it breaks up or down. Short sellers really made money yesterday, dare to buy today? I'll wait and see. With such weak volume, still expecting a rise? You're kidding me. Around 3100 for Ethereum is worth a try, but don't go all in. Bullish momentum is waning, it's time to exit. What are you waiting for? All the trend-followers are bagholders; get ready to be slapped in the face by a rebound.

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GasWaster69

· 01-09 13:04

They're starting to talk down again. I'm too familiar with this trick. The expected decline turns into a rebound, and I think this time I should just wait and see.

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