#以太坊大户持仓变化 January 10 BTC/ETH Early Morning Market Brief
From the candlestick trend, this short-term wave is indeed oscillating upward and testing. The 5-day moving average is slightly rising, but the 30-day moving average is still pressing downward, with the forces above and below in a tug-of-war — whether it can effectively break through this resistance level is the key. Currently, there is quite a strong selling pressure above, and honestly, the probability of a true breakout is not high; if it fails, it will continue to move downward.
How to operate?
$BTC at this position 91700-92500 can be tried with a light position, but keep an eye on around 90000, don’t be too optimistic. $ETH similarly, within the range of 3150-3180, with support below at 3060. Remember, the current market has obvious resistance above, so an aggressive approach should be scaled back.
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#以太坊大户持仓变化 January 10 BTC/ETH Early Morning Market Brief
From the candlestick trend, this short-term wave is indeed oscillating upward and testing. The 5-day moving average is slightly rising, but the 30-day moving average is still pressing downward, with the forces above and below in a tug-of-war — whether it can effectively break through this resistance level is the key. Currently, there is quite a strong selling pressure above, and honestly, the probability of a true breakout is not high; if it fails, it will continue to move downward.
How to operate?
$BTC at this position 91700-92500 can be tried with a light position, but keep an eye on around 90000, don’t be too optimistic. $ETH similarly, within the range of 3150-3180, with support below at 3060. Remember, the current market has obvious resistance above, so an aggressive approach should be scaled back.