The second day of the Lunar New Year, once again wishing everyone a Happy New Year!

From the current market perspective, the current price is around 67,500, and the overall trend remains weak. There is significant resistance above, and trading should mainly focus on shorting.

From the four-hour chart, the Bollinger Bands are moving sideways. The lowest point at 65,000 can be seen as the trend boundary. A breakout would open up further downside space.

Trading suggestions:

BTC: Range around 67,500-70,000, stop-loss above 70,500, targeting 66,500-65,000.

ETH: Range around 2,080-2,000, stop-loss above 2,100, targeting 1,980-1,930.

Note:

The above analysis is Ze's personal analysis. The market is ever-changing, and everything is based on Ze's actual market observations!