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Mu Feng's Trend Analysis: Bitcoin/Ethereum Trading Recommendations for the Evening of January 9th

2026-01-09 12:41:10
Shareshare
Yesterday's rebound-shorting strategy yielded good profits again. Today, the KDJ indicator continues to weaken after a death cross, the MACD bullish momentum continues to shrink, and the Bollinger Bands show weakening upward momentum. On the 12-hour chart, the KDJ and MACD death crosses are converging downwards. Trading volume today wasn't too weak, indicating that there is still room for volatility and trading opportunities. On the main chart, the MA5 and MA10 are crossing downwards, providing resistance, and the MA30 continues to weaken downwards. Therefore, overall, the short-term trend remains bearish. The recommended strategy is to sell on rallies. Specific entry points are as follows: Bitcoin: Short at 90500-91000, target 89000; Ethereum: Short around 3100-3130, target 3030. These are my personal trading suggestions for tonight and are for reference only.
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