1.4 Morning Bitcoin and Ethereum Trading Suggestions and Direction Sharing

The weekend market is unlikely to see significant volatility, with the market陷入 a tug-of-war stalemate between bulls and bears, testing traders' patience. Reviewing last night's market activity, Bitcoin fluctuated within a narrow range, dipping to around 89,200 support before stabilizing and rebounding, with the intraday high reaching near 90,500 resistance; Ethereum's movement was similarly indecisive, dropping to a support level of 3,060, then rebounding to around 3,120 before encountering resistance and pulling back, with overall volatility further narrowing.
From the current market perspective, technically speaking, on the 4-hour chart, after recording a bearish candle, the price experienced a mild rebound, forming a stair-step recovery pattern, with bulls and bears temporarily in a delicate balance. The current price remains above the upper band of the Bollinger Bands, indicating that upward momentum has not fully exhausted, but selling pressure above is gradually emerging, significantly constraining further upward movement. On the hourly chart, the price shows alternating bullish and bearish oscillations, stabilizing within the mid-to-upper band range. Short-term bullish momentum is slightly dominant but lacks sustained breakout power. Based on multi-timeframe analysis, the overall market remains in a consolidation phase, with no clear trend-breaking signals yet. Trading strategies should focus on high buy and low sell around key support and resistance levels.
Bitcoin around 90,500 to 91,000 can be shorted, watch for 89,000.
Ethereum around 3,120 to 3,150 can be shorted, watch for 3,040.