1.28 Morning BTC/ETH Latest Analysis

From the current market situation, Bitcoin recently fluctuated within the 87,000-89,000 range. Early this morning, it successfully broke through the 89,000 level but faced resistance at 89,500!

From the 4-hour chart, the Bollinger Bands are narrowing, maintaining a range-bound movement. The KDJ indicator has formed a golden cross and is extending upward. The MACD is above the zero line with increasing bullish momentum. In terms of trading strategy, focus on resistance levels above 89,500-90,200. If not broken, consider short positions; if broken, be prepared to adjust the trading direction.

BTC: Short around 89,500, targeting 88,800-88,000

ETH: Short around 3,040, targeting 2,960-2,900