Last night, the upward momentum continued during the day. Bitcoin was pressured around 90500 and pulled back to 89300, then rebounded to touch 90900. From the daily chart, the bears continued to shrink their volume and closed in red. The KDJ indicator formed a death cross downward, indicating that upward momentum is weakening. On the four-hour chart, the market also closed in red, with significant resistance above. The hourly Bollinger Band middle line encountered resistance and also closed in red, so attention should be paid to the performance of the important resistance level at 91500. The strategy of maintaining a high position early in the morning remains unchanged.
Friday Early Morning Trading Suggestions
Bitcoin: Consider short positions in the range of 91000-91500, with targets around 89500-89000.
Ethereum: Enter around 3120-3145, with lower targets at 3065-3040.
Overall, the technical outlook suggests a short-term pullback to release pressure. Waiting for stronger support confirmation may present new opportunities.
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ZKSherlock
· 01-09 12:14
actually... all these technical indicators you're citing — KDJ, bollinger bands, whatever — they're just probabilistic heuristics, right? like, what's the actual information-theoretic basis here? zero-knowledge proof systems would at least *prove* your directional bias, but charts? nah, that's just noise with extra steps.
Reply0
FlyingLeek
· 01-08 17:53
A death cross downward means short, if 91500 can't be broken, it will continue to fall.
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BlindBoxVictim
· 01-08 17:53
91500, can this barrier really not be broken? It feels like it's about to be surpassed.
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rugpull_survivor
· 01-08 17:52
Another death cross downward, this pattern is old. If it can't break 91,500, it will have to fall.
View OriginalReply0
DYORMaster
· 01-08 17:51
Want to break it again? If 91,500 can't be broken, it's really going to fall.
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Gm_Gn_Merchant
· 01-08 17:50
91500 feels hard to hold, this time it depends on whether 89000 can support it.
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BoredRiceBall
· 01-08 17:23
A death cross downward, are you thinking of shorting? This wave is a bit risky; I only believe if 91,500 holds.
Friday Early Morning Market Review
Last night, the upward momentum continued during the day. Bitcoin was pressured around 90500 and pulled back to 89300, then rebounded to touch 90900. From the daily chart, the bears continued to shrink their volume and closed in red. The KDJ indicator formed a death cross downward, indicating that upward momentum is weakening. On the four-hour chart, the market also closed in red, with significant resistance above. The hourly Bollinger Band middle line encountered resistance and also closed in red, so attention should be paid to the performance of the important resistance level at 91500. The strategy of maintaining a high position early in the morning remains unchanged.
Friday Early Morning Trading Suggestions
Bitcoin: Consider short positions in the range of 91000-91500, with targets around 89500-89000.
Ethereum: Enter around 3120-3145, with lower targets at 3065-3040.
Overall, the technical outlook suggests a short-term pullback to release pressure. Waiting for stronger support confirmation may present new opportunities.