Looking at BTC's trend, the past couple of days have seen a pretty aggressive downward move, with most of the profits from the earlier rally wiped out. The candlestick has already broken below the MA10, and there is a significant support level around 8.9 (MA30). Keep an eye on whether it can hold here. On the 4-hour chart, the 8.95 level is also being contested, and on the 1-hour chart, the price is oscillating around 90,000 at the MA256, so the direction is still uncertain.
ETH's trend is similar, with two consecutive large bearish candles on the daily chart. If it continues downward, support is at the 3050 to 3030 range (around MA30/60), which is the first line of defense. On the lower timeframes, support on the 1-hour chart is near 3080, likely causing some sideways consolidation and oscillation.
Current trading strategy (around 18:10):
For BTC, consider entering small long positions with tight stops around 8.9 or 8.8. If it rebounds, target a gain of 1000 to 2000 points; if it rebounds to around 9.05 or 9.15, consider short positions, aiming for a return to 8.9/8.8.
For ETH, go long at 3050, and if it dips back to 3000, there’s a chance to add positions, targeting 3100 to 3150. If it surges to around 3130 or 3180, be cautious with short positions, leaving room for a pullback of about 6 to 100 points.
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FlashLoanKing
· 9h ago
It's crashing again, and this time it really hurts. The account is extremely green... Can the 8.9 level really hold up? It's a bit uncertain.
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BearMarketMonk
· 01-09 12:04
It's the same story again. Profits are being taken out, cycles just rotate. Greedy people always think the sky is falling.
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GateUser-3824aa38
· 01-08 10:59
It's starting to break down again. This correction is quite intense. If it doesn't break below 8.9, you can still buy the dip. If it breaks below, you need to run quickly.
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AirdropChaser
· 01-08 10:55
Bleeding again, feeling like I bought the dip halfway up the mountain. If I can't hold .9, it will be troublesome.
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EthSandwichHero
· 01-08 10:43
Oh my, this pullback is really intense, my profits are about to disappear...
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LootboxPhobia
· 01-08 10:42
Oh no, it dropped below again. I should have known not to be so greedy. Now I'm just hoping 8.9 can save my life.
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ApeWithNoFear
· 01-08 10:42
8.9, hold on tight, or you'll break apart. This wave of BTC is a bit fierce.
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just_another_wallet
· 01-08 10:34
It's time to hold the line again. Can we withstand it this time... Feels like 8.9 is about to be exposed.
#MSCI未排除数字资产财库企业纳入范围 Market correction, focus on holding these key levels
Looking at BTC's trend, the past couple of days have seen a pretty aggressive downward move, with most of the profits from the earlier rally wiped out. The candlestick has already broken below the MA10, and there is a significant support level around 8.9 (MA30). Keep an eye on whether it can hold here. On the 4-hour chart, the 8.95 level is also being contested, and on the 1-hour chart, the price is oscillating around 90,000 at the MA256, so the direction is still uncertain.
ETH's trend is similar, with two consecutive large bearish candles on the daily chart. If it continues downward, support is at the 3050 to 3030 range (around MA30/60), which is the first line of defense. On the lower timeframes, support on the 1-hour chart is near 3080, likely causing some sideways consolidation and oscillation.
Current trading strategy (around 18:10):
For BTC, consider entering small long positions with tight stops around 8.9 or 8.8. If it rebounds, target a gain of 1000 to 2000 points; if it rebounds to around 9.05 or 9.15, consider short positions, aiming for a return to 8.9/8.8.
For ETH, go long at 3050, and if it dips back to 3000, there’s a chance to add positions, targeting 3100 to 3150. If it surges to around 3130 or 3180, be cautious with short positions, leaving room for a pullback of about 6 to 100 points.
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