Mu Feng Looks at Trends: 1.26 Bitcoin/Ethereum Intraday Market Analysis with Trading Suggestions

Last night's market overall showed a downward trend, and our pre-arranged rebound short strategy was validated as expected, achieving a decent overall space. From today's technical structure, the daily KDJ and MACD death cross continue to weaken, and the BOLL lower band continues to widen. The main chart MA5 and MA10 daily moving averages continue to decline and apply pressure. On the 12-hour level, the KDJ and MACD bearish momentum shows a decrease in volume, with indicators showing a slight upward change. However, the overall BOLL continues to decline, and the lower band is significantly widening. I personally expect the short-term market to mainly experience sideways fluctuations with a downward bias; continue to participate in the rebound short strategy. Specific levels for reference:

BTC: 88500-89000 short, target at 86500

ETH: near 2920-2940 short, target at 2820

The above are personal intraday trading suggestions for everyone's reference.