Bitcoin and Ethereum Latest Trend Analysis: 1/29

On Thursday, the Fed's decision was finalized, and short sellers in the crypto market continued their winning streak, while gold and silver continued their frenzy! The highly anticipated Fed decision, as expected, was more bark than bite, with little market movement. The principle of "no rebound without a break, no new move" still holds true in this market cycle. In the crypto market, our recent strategy of shorting on rallies has been perfectly executed. Currently, the market remains sluggish, and we still need to maintain our bearish outlook. Technically, the daily chart doesn't show a significant single-day bullish pattern, indicating clear upward pressure. There was a slight rebound this afternoon, and shorting can be considered in the 88,600-89,100 area tonight, targeting support at 86,500-84,800. Regarding Ethereum, there hasn't been a significant rebound in the 2980-3000 area; simply follow Bitcoin's lead and short. That's all for now. The pre-holiday market is hot, and Pony Ma is in good form; those looking to profit can seize the opportunity.