January 9, Market Trend Analysis and Action Plan:

Yesterday morning, I had already suggested the downward swing of $BTC , but by yesterday morning, this downward swing had not yet been completed.

At this moment, we also saw that the market rebounded in the morning, but the strength of this rebound was relatively weak. After that, it began to fluctuate downwards again, continuing until the early hours.

So, can we expect a rebound today?

Because the downward movement of $ETH and Bitcoin started at different times on the 7th. Yesterday, Aunt had an extended trend, and looking at it this morning, the current downward phase is basically over. It is expected that during the day today, Aunt is likely to show a fluctuating rebound pattern.

As for Bitcoin, its short-term rebound resistance is approximately in the range of 97000 - 98000. We mainly need to observe the strength and pattern of the rebound; we cannot directly state the target for the rebound, as resistance needs to be broken through one by one.

It is expected that this rebound may last until the evening, and of course, this process will definitely be quite fluctuating and will not continuously surge upwards. If you want to position for a fluctuating market, you can adopt a strategy of high selling and low buying. Of course, after the final rebound is completed, you can continue to short again.