Prices showed a clear slowdown after a rally, with bullish momentum beginning to weaken. On the technical side, both KDJ and RSI are operating in overbought zones, indicating a gradual need for a correction; meanwhile, the MACD red momentum bars are shortening, and trading volume is insufficient, signaling potential divergence in the short term.
Although the overall trend remains bullish, the short-term overheating is evident, increasing the likelihood of a technical pullback. It is not recommended to chase highs blindly; instead, patiently wait for the rebound to weaken before establishing short positions, riding the trend to capture the correction.
Trading Suggestions: BTC: Short in the 93500–93000 range, target 92000 / 91000 ETH: Short in the 3210–3190 range, target 3135 / 3090
Core idea in one sentence: The trend isn't bad, but short-term cooling is necessary; a correction is an opportunity. #加密市场开年反弹 $BTC
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Evening Market Analysis | Cryptocurrency Market Observation
Prices showed a clear slowdown after a rally, with bullish momentum beginning to weaken. On the technical side, both KDJ and RSI are operating in overbought zones, indicating a gradual need for a correction; meanwhile, the MACD red momentum bars are shortening, and trading volume is insufficient, signaling potential divergence in the short term.
Although the overall trend remains bullish, the short-term overheating is evident, increasing the likelihood of a technical pullback. It is not recommended to chase highs blindly; instead, patiently wait for the rebound to weaken before establishing short positions, riding the trend to capture the correction.
Trading Suggestions:
BTC: Short in the 93500–93000 range, target 92000 / 91000
ETH: Short in the 3210–3190 range, target 3135 / 3090
Core idea in one sentence: The trend isn't bad, but short-term cooling is necessary; a correction is an opportunity. #加密市场开年反弹 $BTC