Happy New Year! Wishing everyone a smooth 2026.

Bitcoin is currently trading within a narrow range, with decreasing volatility, signaling a prelude to a trend reversal. The rebound from the 3-day moving average has already occurred; after a brief sideways movement, it will generally pulse upward.

Bitcoin:

Long positions: 87450-86850 long, 85700 for support. Take profit in batches at 88850, 89350, 89950/90150.
90825-91175 is the recent major resistance; a breakout here would turn the trend bullish.

Short positions: Already shorted multiple times at 88850-90000, can consider closing now. Wait for a breakout to short again with a better risk-reward ratio.

Ethereum:

Long positions: 2968-2950 initial long, 2936-2920 add-on long, 2880 for support. Take profit in batches at 3018, 3062.

3050 is the major short-term resistance; a breakout targets 3155-3242.

Short positions: Short at 3022, 3050/3062, with a take profit on pullback to 2980-2968. Reduce position at 3082 for support. If 3082 is broken, short again at 3134-3155, with a stop at 3062-3044.

Solana:

Long positions: 123.85-122.65 long, take profit at 127.25-129.25. Support at 119. When the pullback no longer drops below 126.5, expect a move up to 133.5-134.5.

Short positions: Wait to short at 133.5-134.5, take profit is to be determined.