January 6 Morning:

The overall market presents a technical structure of rising and falling. Driven by the bullish sentiment from the US stock market's strong opening, Bitcoin continues its short-term rebound trend, with the price once peaking at 94686, but as the divergence between long and short positions at high levels intensified, the market triggered a technical pullback, temporarily hindering the upward momentum. The second cryptocurrency's trend remains highly synchronized with Bitcoin, completing a rebound in the 3137—3260 range in the evening, and similarly entering a consolidation and correction phase.

From the market structure perspective, although Bitcoin's rebound strength is acceptable, the overall performance of other mainstream coins is relatively weak, showing significant market differentiation, which reflects that the overall upward momentum is gradually diminishing. The current price is close to the resistance area of the previous important high point, and the pullback during this round of increase has been limited, making further substantial upward movement in the short term relatively constrained. In the early trading operations, there is a tendency to position short orders at high levels, betting on a pullback correction.

Operational suggestions:

Bitcoin: Short in the range of 94000-94600, with a focus on around 92000.

Second cryptocurrency: Short in the range of 3240—3270, with a focus on around 3050. $BTC $ETH