1.10, Friday, Morning Thoughts

BTC briefly rebounded in a V-shape last night but fell again to the 91,000 area, with weak rebound strength. The hourly Bollinger Bands have not touched the middle band, indicating strong bearish sentiment.

Trading Recommendations

Short Bitcoin near 93,000~94,500, targeting 91,000-90,000.

Short Ethereum near 3,250~3,270, targeting 3,100-3,050.$BTC $ETH