1.27 Midday Market Analysis

Currently, Bitcoin's stance can be described as "oscillating at high levels, seeking support," with a rebound from the previous day's low of 86,000, but overall still in a weak consolidation pattern.
The daily chart yesterday closed with a small bullish candle with a long lower shadow, with the price trading below short-term moving averages such as MA5, MA10, and MA20. The moving averages are arranged in a bearish pattern, indicating a medium-term bearish trend.
Gold broke through 5000 to hit a new all-time high, while Bitcoin showed weakness, indicating that safe-haven funds prefer traditional safe-haven assets.
BTC Trading Suggestions: Short at 88,800-89,200, with a target at 88,000-87,500 and a stop-loss above 89,600.
ETH Trading Suggestions: Short at 2,960-2,990, with a target at 2,920-2,890 and a stop-loss above 3,010.
(Prefer to focus on high shorts before the Federal Reserve interest rate decision is announced)