Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (January 10th)

Bitcoin and Ethereum have been trading in a narrow range for the past few days. We previously placed multiple short orders above 3280, and during the recent pullback, we also placed multiple long orders around 3060-3080, with the overall price action predictable. Currently, the market exhibits a "top-and-bottom" consolidation pattern, with bulls and bears repeatedly battling at key price levels. Technically, the daily chart shows strong resistance for Bitcoin/Ethereum, indicating insufficient upward momentum in the short term. The 92500 and 3180 areas have repeatedly proven to be strong resistance zones, while the psychological levels of 89500 and 3060 are important support levels, followed by the 89000 and 3040 areas. A significant break below these levels could trigger a deeper correction. On the macro front, the US December non-farm payroll data was mixed, and the market needs more data to form a new consensus. Until a significant breakout of key resistance or support occurs, Bitcoin and Ethereum are likely to maintain their consolidation trend. Trading suggestions: Buy Bitcoin around 89,500-90,000, with a target around 92,000; Buy Ethereum around 3,050-3,070, with a target around 3,140-3,170. Our daily analysis and strategies have a high win rate and are readily available. However, these analyses and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.