1.10 Friday Bitcoin Ethereum Morning Strategy Analysis

Last night the US stock market was closed, and the main short positions are still being adjusted. The big coin has fallen for three consecutive days; is there a hidden rebound opportunity in the bearish trend?

In the past three days, the price of the big coin has dropped significantly, causing concern. The price once quickly dipped to around the 91000 line, and the K-line chart clearly formed a descending channel, with a strong bearish atmosphere in the market.

From the technical indicators analysis, the MACD indicator on the hourly chart is in the negative zone, with both the DIF line and DEA line diverging downwards. This pattern is a typical short-term bearish signal, indicating that the bearish strength still dominates in the short term. Looking at the EMA moving average system, all three lines are downward, and the big coin price is located below all moving averages, further confirming the overall bearish trend. According to this trend, the price of the big coin seems likely to continue to decline. However, the market is always full of variables. There is a certain rebound space for the big coin price; once the bullish strength gathers, it may trigger a sharp rebound.

In summary, the main tone for today's big coin operation is still bearish. However, given the oversold situation indicated by the RSI, we need to be cautious of short-term rebound risks. It is recommended that the ideal entry positions for short positions are around 94000 and 94800, with the first target downwards focusing on the previous low of 91000. If this level is lost, the next target will look towards the 90000 integer level.