During the evening rally in Bitcoin/Ethereum, we directly advised adding to short positions at 3300. We held our short positions above 93800 for Bitcoin, without any opportunity to add to them, averaging around 3265-3270. Currently, Bitcoin has gained over 1000 points, and Ethereum has also seen some movement. We expect a continued decline in the early morning, with support levels at 91000 and 3150. Technically, the 4-hour MACD is in bullish territory, but the shortening of the red bars indicates weakening upward momentum. For Bitcoin, those above 93800 can continue to hold patiently. For Ethereum, those who added to their short positions around 3270 should also be patient; those with a less composed mindset can reduce their added positions. We expect a continued decline in the early morning. For those without short positions, consider adding to short positions around 3260-3280 for Ethereum, targeting around 3180; and around 93000-93500 for Bitcoin, targeting around 91000-91500.
Gu Jingci: Bitcoin/Ethereum expected to continue its decline in the early morning.
2026-01-06 16:50:27
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