January 27 Morning Market Analysis#BTC #ETH

Yesterday’s expected pullback was precisely fulfilled, with Bitcoin gaining 1000 points overnight. Friends who followed Lao Guo’s rhythm have already secured profits! Struggling to grasp the market trend or repeatedly falling into trading pitfalls? Trust Lao Guo for accurate predictions and stay on the right track.

From a market perspective, last night’s rally was boosted by US stock market linkage, with the high point perfectly matching expectations, followed by a rapid pullback; overnight, bulls and bears repeatedly battled, and the current market has entered a consolidation phase.

On the four-hour chart, the rebound after the bottom is limited in strength. Although the downward momentum is waning, the bearish pattern remains unchanged. This rebound is only a short-term technical retracement, not a trend reversal signal. The intraday strategy is clear: after testing resistance, confidently look for short opportunities; the rebound is the best time to set up short positions!

Trading Suggestions:
Enter short positions in the 89,000-89,500 range when appropriate.
Target the 87,000-86,000 range.