After a day of range fluctuations, the price of Bitcoin has fluctuated

A new week, a new beginning, and the upcoming new 2025. Recently, has the Bitcoin market left you feeling lost in a sea of smoke?

More important than profit is analysis, and more important than analysis is confidence—confidence in Jiu Ling and confidence in yourself. Because last week, we not only reached profit gains but also once again created a legendary battle!

The current price of Bitcoin is 93,500. From the daily chart, the last high was 95,400, and the lowest point was a retracement to 93,300 early in the morning. From the market perspective, the bottom support at 91,400 is not far away either. The four-hour K-line has broken below key support, and the Bollinger Bands are showing a downward opening. The MACD is also shrinking downward, and the EMA15 resistance level has reached 94,800. From a technical standpoint, it still occupies a bearish trend. In terms of strategy, consider placing short positions after the rebound trend line, as there is also some room for short-term rebounds.

Reference Suggestions

For Bitcoin, consider shorting in the 943-945 range. If it breaks above 95,500, add to the short position. Watch for 93,000 below; if it breaks, continue to look down at 92,000-91,500.

For Ethereum, consider shorting in the 3,430-3,450 range. Set a stop loss at 3,500 and aim for a target of 3,280.

Focus on Jiu Ling's own trading system and avoid ambiguous analyses. $BTC