1.9 Early Morning Market Depth Analysis

High-level consolidation hides hidden dangers, and the rebound signals have become clear!
The current market is in a high-level oscillation and pressure phase. Multiple attempts to test the upward momentum have all failed, further confirming the bearish pattern:
✅ 4-hour timeframe: Price is operating within the lower band of the Bollinger Bands, with a brief dip followed by a rebound that is severely lacking in strength, failing to form an effective breakout. Signs of exhausted bullish momentum are evident.
✅ 1-hour timeframe: The upper band of the Bollinger Bands provides strong resistance, with repeated setbacks in upward attempts, further increasing the risk of subsequent declines.
✅ Trend structure: The overall bearish trend was clear earlier, with the three lines of the Bollinger Bands continuously diverging downward. The current rebound is only a trap to induce long positions and shake out weak hands; do not chase highs.
Core Trading Strategies
📌 Bitcoin: Set up short positions around 91,500, target 89,000, with default stop-loss.
📌 Ethereum: Set up short positions around 3,140, target 2,980.
✅ For students who followed the evening strategy, you can continue to hold your short positions patiently, strictly control stop-loss, and wait for profits to be realized!