Gu Jingci: Bitcoin/Ethereum rebounded weakly on January 16th, the trend remains bearish.

Last night, short positions in Bitcoin/Ethereum were initiated above 3370 and 97000, but the price fluctuated downwards to around 3270 and 95000. Short positions were then initiated again in the early morning around 3320 and 96500. Bitcoin only reached a high of around 96000, while Ethereum just reached the entry point, but the move was limited, reaching a low of around 3280. Bitcoin and Ethereum are exhibiting high-level consolidation and localized pullbacks. Short-term price fluctuations are due to the delay in the regulatory bill. From the 4-hour chart, the price remains in an upward structure, but short-term indicators suggest a pullback is needed. The daily MACD continues to expand, indicating a strong medium-term trend. On the daily chart, the price has been consolidating around 3300 and 95500 recently. The previous rapid rise from the low to the high followed by a pullback formed a short-term top signal. On the 4-hour chart, the price has repeatedly tested the previous high without breaking through, and is currently in a slight downward trend with gradually narrowing fluctuations. Technically, the daily MACD remains above the zero line, but the histogram is shortening, indicating weakening upward momentum; the 4-hour MACD has formed a death cross, indicating increasing bearish pressure. Trading recommendations: Short Bitcoin around 95500-96000, with a target around 94000; Short Ethereum around 3310-3330, with a target around 3200-3250. Daily analysis and strategies have a high win rate and are available for viewing. However, this analysis and strategy are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time updates.