Gu Jingci: Bitcoin/Ethereum bulls and bears continue to profit on January 9th; will tonight's non-farm payrolls data break the current volatile market?

The price action of Bitcoin and Ethereum, which we repeatedly highlighted in the past few days, saw significant gains. Last night, we advised buying on pullbacks, and the overall trend has been quite positive. Currently, the market is exhibiting a post-decline rebound and consolidation pattern, but the overall weakness remains unchanged. Tonight's US non-farm payroll report will be a key factor. Bitcoin and Ethereum rebounded after testing levels around 89200 and 3050 last night, and then fell back after reaching highs around 91580 and 3147 this morning, currently consolidating around 90400 and 3090. On the daily chart, it broke below the short-term uptrend line and is oscillating between the 5-day and 10-day moving averages. The MACD has formed a death cross, and the green histogram is expanding, indicating that bears are dominating the short-term trend. On the 4-hour chart, it rebounded after touching the lower Bollinger Band, and the RSI has moved out of the oversold zone, showing some technical correction, but the momentum is weak. Support levels to watch are 89000 and 3050; a break below these levels could lead to further declines towards 88000 and 2980. Tonight's market focus will be on the US December non-farm payroll report. If the data is significantly weaker than expected, it could drive a strong price rebound; conversely, a strong rebound could put renewed pressure on the market. Trading suggestions for tonight: Buy Bitcoin around 89500-89000, with a target of 91500-92500; Buy Ethereum around 3060-3080, with a target of 3150-3200. Our daily analysis and strategies have a high win rate and are available for viewing. However, these analyses and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.