#数字资产动态追踪 January 7th BTC and ETH Morning Trend Observation

The daily chart shows an arc bottom pattern, which indeed boosts the bulls, and the 5 consecutive bullish candles also serve as a reassurance to the market. But the problem is— we need to clearly remember how this rally came about and how it was hammered back one by one in the middle of the night. The bulls and bears are repeatedly tugging at each other here, a typical shakeout pattern, which doesn’t look very friendly.

The rebound in the morning reached around 93,500 but then encountered resistance. This area is not the first time it has appeared; the bulls have tried several times to break through but failed, indicating that the selling pressure above is real. From a technical perspective, the situation is not optimistic—MA7 and MA30 have already crossed downward, and the short-term momentum is still suppressed; even more frustrating is the insufficient volume during the rebound, with prices rising but volume not keeping up, a classic divergence between price and volume. Usually, such situations are not good news. Currently, Bitcoin is at a high level, with too many floating profits in the market. Any slight disturbance can cause arbitrage traders to sell off.

Simply put: this rebound is less about the start of a new upward wave and more about providing a better entry point for the bears. Before genuine new capital enters, maintaining the right mindset is the top priority—don’t let emotions take over.

**Short-term Strategy**
- BTC: Consider shorting in the 93200-94000 range, watch below at 92000 and 91500, and look for a target of 90000 if broken.
- ETH: Short around 3300, target 3180, and watch for a breakdown at 3060.

$BTC $ETH