#数字资产动态追踪 Afternoon Market Brief|BTC/ETH: Upward momentum has faded; consider shorting on rallies
Bitcoin hit around $94,800 early this morning and started facing resistance. Afterwards, it directly pulled back — the morning session has been weak and volatile, with no strength in the rebound. The short position set at the 94,000 level in the morning remains valid. Ethereum is following suit, with volatility also narrowing.
📉 Key technical signals:
The bulls are exhausted. Both Bitcoin and Ethereum have attempted to break through the upper Bollinger Band, but what happened? They both left long upper shadows — indicating strong selling pressure at high levels. The break didn’t hold, and that’s a warning sign.
The structure is weakening. Looking at Bitcoin’s 1-hour chart, the middle Bollinger Band has already been broken downward. Indicators like MACD and KDJ are all pointing in the same direction — down.
🎯 Afternoon trading strategy:
Sell on rallies, don’t chase the highs. This is the core logic right now.
For BTC: Keep an eye on the 94,000 to 94,500 range, and gradually add to short positions. Then look further down, targeting 92,000 to 91,000.
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LoneValidator
· 01-09 06:22
94800, this bullish trend really has no strength left. I already exited early, and now I have to continue shorting again.
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RatioHunter
· 01-08 15:47
How are the online short positions at 94,000 doing for bottom fishing? They want to run at the slightest rebound. I think it's a bit early; this wave can still go lower.
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SandwichTrader
· 01-06 07:27
94800 didn't hold, we're really out of strength this time. Just keep holding the short positions.
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NotFinancialAdvice
· 01-06 07:19
If 94800 can't break through, it's time to be alert. Hold onto this short position and don't lose out.
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ShibaMillionairen't
· 01-06 07:12
94800 is the top? I already said, this bullish wave has no more momentum, it looks uncomfortable.
#数字资产动态追踪 Afternoon Market Brief|BTC/ETH: Upward momentum has faded; consider shorting on rallies
Bitcoin hit around $94,800 early this morning and started facing resistance. Afterwards, it directly pulled back — the morning session has been weak and volatile, with no strength in the rebound. The short position set at the 94,000 level in the morning remains valid. Ethereum is following suit, with volatility also narrowing.
📉 Key technical signals:
The bulls are exhausted. Both Bitcoin and Ethereum have attempted to break through the upper Bollinger Band, but what happened? They both left long upper shadows — indicating strong selling pressure at high levels. The break didn’t hold, and that’s a warning sign.
The structure is weakening. Looking at Bitcoin’s 1-hour chart, the middle Bollinger Band has already been broken downward. Indicators like MACD and KDJ are all pointing in the same direction — down.
🎯 Afternoon trading strategy:
Sell on rallies, don’t chase the highs. This is the core logic right now.
For BTC: Keep an eye on the 94,000 to 94,500 range, and gradually add to short positions. Then look further down, targeting 92,000 to 91,000.
$BTC $ETH