Afternoon Trading Recommendations and Future Trend Analysis for DaBingYiTaiFang: 1/8 The current market shows a clear downtrend on the 4-hour chart. Technical signals indicate weakening short-term momentum, but the price is approaching the key support level of 89588.1. The bearish engulfing pattern in the candlestick chart and the downward sloping short-term moving averages further reinforce the bearish bias. However, the price remains above the long-term moving averages, indicating that the medium- to long-term trend has not completely reversed, providing a certain technical basis for a possible market rebound. Given the current bearish trend, the downward sloping short-term moving averages, and the bearish engulfing pattern in the candlestick chart, with the price approaching the resistance range of 89630.8-90364.2, a conservative strategy of shorting near the resistance level is a high-probability choice in line with the trend. Therefore, the afternoon trading recommendation is to primarily focus on shorting at higher levels. Bitcoin (BMT) can be bought around 90800-91300, with a target of 89500-89000. Bitcoin (BMT) can be bought around 3140-3160, with a target of 3080-3030.
Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 1/8
2026-01-08 07:45:39
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