Happy weekend~ 1-11


From the daily chart perspective, after a continuous decline, the last two candlesticks have noticeably shorter bodies, indicating that the downward momentum is beginning to slow down. There are short-term signs of stabilization, but the overall trend remains in a bearish channel without any substantial reversal.
Switching to the hourly level, the price is fluctuating around 90500, with buying and selling forces temporarily balanced. The market is in a pre-formation stage before choosing a direction.
Technical structure:
The MACD needs repair, and there is a possibility of a technical rebound, but overall it remains in a bearish arrangement;
There is dense resistance above, with limited room for a rebound, more like an adjustment during a decline rather than a trend reversal.
Strategy:
In the short term, consider lightly trying to rebound around 90500, with stop-loss placed at the lower boundary of the consolidation zone;
If a rebound weakens at key resistance levels, follow up with short positions;
Avoid betting on bottoms against the trend, just follow the structure.
Specific references:
Buy in batches around 90800 – 91500 for short positions, targeting 89800 – 88500;
Attempt to short in the 3100 – 3130 range for the second coin, targeting
BTC1,66%
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