#密码资产动态追踪 January 8 Night Session $BTC and $ETH Technical Analysis and Trading Ideas

The recent tug-of-war in the market has exposed a very clear issue—the bears are in control of the narrative. Although there are occasional technical rebounds on the hourly chart, the Bollinger Bands are all trending downward, and the bands are still expanding, indicating that the downward trend shows no signs of weakening.

The key point is that each rebound gets stuck at resistance levels and cannot break through. This is a sign that the buying momentum is exhausted. The overall market sentiment remains bearish; short-term rebounds are just normal fluctuations within the downtrend, not trend reversals.

From a practical perspective, rebounds are opportunities to short. When signs of exhaustion appear during a rebound, you can open short positions, with strict stop-loss settings. Continue to follow the trend and avoid counter-trend operations, so you can profit from the trend.

Specific reference numbers:

**Bitcoin**: Consider shorting around 91,000 in the evening, with a target down to 89,000

**Ethereum**: Consider shorting around 3,120 in the evening, with a target down to 3,020

Follow the trend, stay disciplined, and profit steadily.