2026-01-01 10:20:29

From the market perspective, Bitcoin is oscillating around 87,600, with Bollinger Bands narrowing, indicating that the market is in a short-term consolidation phase. On the technical side, the MACD indicator has formed an initial golden cross, with the histogram shifting from negative to positive, suggesting that the momentum is gradually releasing. However, the DEA is still hovering in the negative zone, which means that the rebound strength is temporarily insufficient.

Regarding support and resistance levels, the 87,000 line below is an important short-term defense line. If broken, it may continue to test the previous lows. On the upside, the midline around 87,900 forms a short-term resistance zone for the rebound, and a breakout would require sufficient volume.

Overall, the market is still leaning towards a sideways consolidation in the short term. From an evening trading perspective, it is recommended to focus on short positions at high levels: Bitcoin can be shorted in the 88,000-88,500 range, targeting the 87,000-86,500 zone. For Ethereum, short positions can be taken around 2,990-3,020, with targets around 2,930-2,900.

This strategy is suitable for short-term traders looking to capitalize on range rebounds. Of course, the specific execution should be combined with your risk tolerance and position management, with strict stop-loss settings.

BTC-1,07%

ETH-0,44%

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MelonField

· 1h ago

Another fluctuation, so annoying Honestly, it still depends on whether it can break the 87,900 level The Bollinger Bands narrowing is no fun; let's wait for a big move.

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TokenSleuth

· 1h ago

Bollinger Bands are narrowing and DEA is in negative territory, indicating that the rebound momentum is indeed insufficient. Going short again at a high level? I did the same last time, and ended up getting trapped far away. If 87,000 can't hold, it seems like we need to continue testing the bottom, which is a bit scary. MACD shows a golden cross but the momentum isn't strong enough; I don't really trust this signal. Let's wait and see. I think this wave of consolidation and fluctuation will last quite a while, so there aren't many trading opportunities.

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OnchainHolmes

· 1h ago

Bollinger Bands narrowing, this is the move. Feels a bit risky, what if the volume can't keep up and you get trapped? --- MACD golden cross is still not strong enough, yet daring to go long, how strong is this person's heart? --- If the 87,000 level breaks, will it really continue to probe lower? Feels like the market isn't that obedient. --- It's another range rebound strategy, old news. Is this the only space for this round of market? --- A reasonable stop-loss setup is indeed key, but who can really stick to it? --- Have you all set your short orders at 88,000, or are you waiting to see how the market reacts? --- Still in negative territory for DEA, and starting to act. Is this timing a bit early? --- I'm a bit hesitant to short ETH at this price. I'd rather earn less than get caught off guard. --- Short-term consolidation is correct, but this kind of market is the easiest to fake out.

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SigmaBrain

· 2h ago

Bollinger Bands are narrowing, and DEA is still hovering in negative territory. This rebound does seem a bit weak. Once again, shorting at high levels. I feel like this routine is almost the same every time. Can it break through? If 87,000 can't hold, then we'll really need to take a good look.

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