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On the afternoon of January 9th, the crypto market trend once again confirmed the bearish outlook. Technically, Bitcoin faced resistance around the 91,500 level, while Ethereum encountered resistance near 3,140. As the US stock market opened in the evening, the market movement aligned with expectations—Bitcoin steadily weakened, ultimately reaching the target level around 89,800, and Ethereum also fell to around 3,056.
From the data, this wave of decline allowed Bitcoin to gain nearly 1,500 points of downward space, while Ethereum retraced approximately 70 points simultaneously. Traders who took profits at the target levels successfully secured their gains, avoiding potential rebound risks afterward. This type of market behavior validates the pre-planned strategy framework—whether for long-term trends or short-term swings, the key lies in accurately identifying entry points and maintaining strict risk management.
In the current market environment, US non-farm payroll data underperformed expectations, providing fundamental support for a correction in crypto assets. Repeated such market fluctuations often present considerable profit opportunities for participants who follow clear trading discipline.