Early market review: Bitcoin retraced from around 92152 to approximately 90300 since early morning, currently showing an initial rebound trend; Ethereum also followed Bitcoin, dropping from 3147 to around 3100, and is now testing the 3120 level for a secondary upward move.



The low buy strategy executed last night performed quite well. Although the market pace was a bit slow and the gains weren’t very large, the short position on Bitcoin in the live trading captured over 600 points in profit.

From the current market view, the daily volume is expanding simultaneously. The support at 89000 has been effectively confirmed, and the price has subsequently entered a sideways consolidation pattern. The market is currently running along the upper band of the Bollinger Bands. In the short term, the price has retraced back to the lower boundary of the recent fluctuation range. If it can stabilize at this level, there is a chance to test the resistance around 91500.

Morning trading ideas: For Bitcoin, consider long positions around 90000-89500, targeting the 91500-92000 zone; for Ethereum, enter long positions around 3100-3080, with targets near 3200-3250. A low buy strategy is recommended for more stability.
BTC2,46%
ETH2,93%
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MoneyBurnerSocietyvip
· 15h ago
Earning 600 points sounds easy, but I bet 5 dollars that next time I'll lose 600 points.
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ContractTearjerkervip
· 01-11 23:50
Getting 600 points makes me happy, so why am I still at a loss?
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GasWastingMaximalistvip
· 01-11 23:49
Is just over 600 points enough? Bro, this market needs to be slowly worked through.
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TokenDustCollectorvip
· 01-11 23:32
Over 600 points of profit is pretty good, but I'm just worried that the rebound might drop again.
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SandwichTradervip
· 01-11 23:31
A 600-point gain is still somewhat interesting, but the pace is really slow to death, feeling like we're waiting for something.
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