1.9 Thursday Morning Thought Reference

From the daily chart perspective, the price has rebounded after touching the lower line of the daily chart. On the four-hour chart, the candlestick formed a long lower shadow bearish candle, with the decline limited and quickly rebounding, further confirming strong support. This is merely a rebound correction triggered by the support at the lower line of the daily chart. For the market to truly reverse, it needs to wait for a daily breakout and stabilize above the pressure level of 97500. If a breakthrough cannot be achieved subsequently, it will continue to retrace to test support at 93000/92500. If it breaks below again, it could further test around 91500. On the Ethereum side, it is currently undergoing a rebound at the hourly level, with short-term pressure at 3355 above. If it breaks through, watch for pressure around 3410 above. The small level support is at 3270; if this position is broken and it cannot hold above 3400, it will behave similarly to the evening, looking at lower positions of 3270/3200. For further trading, we will still focus on shorting the rebound of Bitcoin at 95500/96000. Below, pay attention to the lines at 94000 and 92700 for Ethereum's rebound at 3370, and below, watch around 3280 and 3200. The market is volatile; manage your stop-loss carefully, plan before acting, know when to stop and gain, make proper choices, and spend within your means. $BTC $ETH #BTC🔥🔥🔥🔥🔥