January 21 Cryptocurrency Market Analysis & Strategy📊
• BTC 🪙: Deep correction driven by macro risk aversion sentiment, with 88000-87500 as short-term strong support (confluence of intraday lows and high trading volume zones). Holding this or experiencing a technical weak rebound testing 89500-90000. A break below will lead to a test of the 87000-86500 core support zone. • ETH ⚡: Weakness oversold and then oscillating for recovery, with the 2930-2900 support zone critical (lower boundary of the ascending channel + previous lows). A rebound needs to stabilize above the 3000 psychological level to test resistance at 3080-3100. A break below support will lead to a test of the 2880-2780 range. 🎯 Bitcoin Strategy: Short at 89500-90000, target 88500-88000, stop loss 90700. 🎯 Ethereum Strategy: Short at 2980-3000, target 2930-2900, stop loss 3050. 📈 Position Advice: Short position holders can reduce positions at the 88000-87500 support level to take profits. Those without positions should wait for a rebound to resistance levels before entering. ⚠️ Risk Reminder: In the evening, pay attention to the three major US stock indices and Federal Reserve officials' speeches. Be cautious of sudden news that could cause gap moves in the market.
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January 21 Cryptocurrency Market Analysis & Strategy📊
• BTC 🪙: Deep correction driven by macro risk aversion sentiment, with 88000-87500 as short-term strong support (confluence of intraday lows and high trading volume zones). Holding this or experiencing a technical weak rebound testing 89500-90000. A break below will lead to a test of the 87000-86500 core support zone.
• ETH ⚡: Weakness oversold and then oscillating for recovery, with the 2930-2900 support zone critical (lower boundary of the ascending channel + previous lows). A rebound needs to stabilize above the 3000 psychological level to test resistance at 3080-3100. A break below support will lead to a test of the 2880-2780 range.
🎯 Bitcoin Strategy: Short at 89500-90000, target 88500-88000, stop loss 90700.
🎯 Ethereum Strategy: Short at 2980-3000, target 2930-2900, stop loss 3050.
📈 Position Advice: Short position holders can reduce positions at the 88000-87500 support level to take profits. Those without positions should wait for a rebound to resistance levels before entering.
⚠️ Risk Reminder: In the evening, pay attention to the three major US stock indices and Federal Reserve officials' speeches. Be cautious of sudden news that could cause gap moves in the market.