January 8th Bitcoin & Ethereum Contract Trading Strategy
The medium-term market trend is clearly bearish. In the short term, prices continue to be suppressed by the MA20 moving average. The moving average system is in a bearish alignment, and the overall trend remains under pressure. The RSI indicator is in a weak zone, indicating insufficient bullish market sentiment. The price decline accompanied by decreasing volume further confirms a continuation pattern. The previous phase of volume-driven decline has fully highlighted the dominance of the bears. Short-term rebound space is limited, and downward risks still exist.
Bitcoin Contract Trading Strategy
1. Short position at the resistance zone 91600 - 92400. Enter position, stop loss at 92800. The target is 90500 - 89200, with partial profit-taking in stages.
Ethereum Contract Trading Strategy
1. Short position at the resistance zone 3180 - 3210. Enter position, stop loss at 3230. The target is 3125 - 3080, with partial profit-taking in stages.
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January 8th Bitcoin & Ethereum Contract Trading Strategy
The medium-term market trend is clearly bearish. In the short term, prices continue to be suppressed by the MA20 moving average. The moving average system is in a bearish alignment, and the overall trend remains under pressure.
The RSI indicator is in a weak zone, indicating insufficient bullish market sentiment. The price decline accompanied by decreasing volume further confirms a continuation pattern.
The previous phase of volume-driven decline has fully highlighted the dominance of the bears. Short-term rebound space is limited, and downward risks still exist.
Bitcoin Contract Trading Strategy
1. Short position at the resistance zone 91600 - 92400. Enter position, stop loss at 92800. The target is 90500 - 89200, with partial profit-taking in stages.
Ethereum Contract Trading Strategy
1. Short position at the resistance zone 3180 - 3210. Enter position, stop loss at 3230. The target is 3125 - 3080, with partial profit-taking in stages.