The Bitcoin rising channel is under pressure again; if the rebound cannot break through 0.382 and falls back, it will test the support around 92232 again. The daily line is in a downward B wave fluctuation. If it breaks below 92232, then the downward C wave will start. For medium to long-term layout, we are still waiting for the final drop. In terms of spot trading, it is recommended to gradually accumulate as it falls; specific layout points require internal consultation.

In the 4-hour chart, we need to fill the CME gap at 96678, with a focus on the support line connecting 90500 and 92232. If it holds, we can make short-term trades; if it breaks, we will need to see a downward C wave.

The rebound of Ethereum still has not effectively stood above 3500, remaining bearish. For spot trading, the strategy continues to be to gradually accumulate during the decline; the position received around 3150 should be held.

In the 4-hour short-term, we see a rebound but need to observe how long it will oscillate here. Similar to Bitcoin, there is short-term support, but the rebound strength is not strong. Patience is required to wait for the Chinese New Year red envelope market. Since 2020, we have captured opportunities every year, and I believe there will be opportunities this year as well.