Wednesday, New Year's Day, continuing wide fluctuations, first long then short

2025 is a new beginning, wishing everyone continuous good luck! Yesterday's market operated with an upward posture, with the coin price rising to a peak of around 96200, and overnight it retraced to the 93200 area. The pattern still revolves around wide fluctuations. Yesterday, we were bullish throughout the day, and in the evening, after the coin price broke through the high point, we recommended going short at the current price. I believe everyone is well-fed. In the new year, I wish everyone smooth sailing and peace!

From the perspective of the market, there haven't been significant changes in recent trends, with the operating range continuously narrowing, currently maintaining a long and short operation in the 96000-92000 area. In the box structure, a one-sided trend is still not anticipated. Today, the U.S. stock market is closed, so market fluctuations won't be too large; we can still maintain a range-bound approach during the day.

Regarding Ethereum, there haven't been significant fluctuations recently either, with pressure above at 3450 and support below at 3280, forming a range. It can be conducted alongside Bitcoin; as long as the range rhythm is accurately identified, this kind of trend is still very simple.

On Wednesday morning, Bitcoin is in the 93400-93000 area, with the target focusing on around 95000, if it doesn't continue upward, we will reverse to short.

Ethereum is in the 3330-3310 area, with the target focusing on around 3400.

New year, new atmosphere; the past cannot be reversed, a new beginning, let's charge forward together. Happy New Year, everyone!