Time 0129
BTC: After two days of rebound on the weekend, the big cake came to the pressure level of 0.382 Fibonacci, which is around 42500. If it breaks through this pressure level and stands firm, it may further rebound to around 43700. If it fails to break through, it may pull back to around 41000. Which direction to go still needs further observation. It may fluctuate within the range of 41500~42800 during the day.
Support level 41500, pressure level 42800, 43700, 44000.
ETH: Weak and follow the big cake. It should also be dominated by shock during the day. Support level 2200, pressure level 2340, 2430.
Operation suggestion: neutral. The big cake will move sideways in the next few weeks to digest the selling pressure from grayscale. Then, in January and February, it rebounded to around 46000 to build the right shoulder of the head and shoulder top.
You can arrange strong mountain villages and Binance new coins during the callback.
