#MSCI未排除数字资产财库企业纳入范围 BTC/ETH The recent market movement is quite interesting—yesterday surged up and then quickly dropped again. It’s now near 90,200 and 3,110. Many people have missed out in the past few days; there was some rebound potential, but the magnitude wasn’t as big as expected. The high point I mentioned this morning was around 3,180.
Currently, the market is oscillating within a range. The key levels to watch are 89,000 and 3,080—once broken, another round of decline is likely.
From the chart, the daily candle yesterday was a large bearish candle, breaking below the 30-day moving average, but still closing above the 120-day moving average. This looks like a typical high-level correction within an uptrend. On the 2-hour chart, the MACD fast and slow lines have already moved below zero, with the green bars expanding, indicating short-term bearish momentum. However, the daily MACD remains above zero, so the longer-term upward trend has not been truly broken.
**Trading idea**: Consider going long on BTC in the current range of 89,500-90,000, targeting 91,500-92,500; for ETH, go long around 3,090-3,110, targeting 3,180-3,230. Stop-losses are set at 88,800 and 3,060 respectively.
This strategy is for reference only. Please combine it with real-time market conditions before entering trades. Trade at your own risk.
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IfIWereOnChain
· 01-09 04:28
I've been out of the market for two days. After your analysis, I want to buy the dip again, haha.
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LiquidatedDreams
· 01-08 07:29
Missed out again, huh? Is this the extent of the rebound? Should have been more aggressive yesterday if I had known earlier.
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SigmaValidator
· 01-08 07:29
Missing out indeed, the rebound space is really insignificant, better wait until a break below before making a move.
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On-ChainDiver
· 01-08 07:16
Both crashing and pulling, this market looks quite annoying.
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MEVictim
· 01-08 07:02
Once 89,000 is broken, you have to run. This rebound really isn't impressive.
#MSCI未排除数字资产财库企业纳入范围 BTC/ETH The recent market movement is quite interesting—yesterday surged up and then quickly dropped again. It’s now near 90,200 and 3,110. Many people have missed out in the past few days; there was some rebound potential, but the magnitude wasn’t as big as expected. The high point I mentioned this morning was around 3,180.
Currently, the market is oscillating within a range. The key levels to watch are 89,000 and 3,080—once broken, another round of decline is likely.
From the chart, the daily candle yesterday was a large bearish candle, breaking below the 30-day moving average, but still closing above the 120-day moving average. This looks like a typical high-level correction within an uptrend. On the 2-hour chart, the MACD fast and slow lines have already moved below zero, with the green bars expanding, indicating short-term bearish momentum. However, the daily MACD remains above zero, so the longer-term upward trend has not been truly broken.
**Trading idea**: Consider going long on BTC in the current range of 89,500-90,000, targeting 91,500-92,500; for ETH, go long around 3,090-3,110, targeting 3,180-3,230. Stop-losses are set at 88,800 and 3,060 respectively.
This strategy is for reference only. Please combine it with real-time market conditions before entering trades. Trade at your own risk.