#以太坊大户持仓变化 January 8 Morning Quick Look:

Last night until midnight, the bullish momentum in the crypto market noticeably weakened. Although there were previous ideas for long positions, the bears suddenly turned around and took control of the rhythm, causing prices to decline steadily. The main Bitcoin futures (Big Bitcoin) dropped to around 90,900, with a daily decline of over 3,000 points; small Bitcoin (Small Bitcoin) also weakened, touching a low of around 3,120 in the evening, with a intraday drop of about 110 points. Overall, market bearish sentiment has clearly intensified.

From the four-hour K-line chart, the market has already shown a classic bottoming signal — after the price dipped to the lower Bollinger Band, it quickly stabilized, and the downward continuation was completely invalidated. The lower Bollinger Band provided strong support, holding the price up. The current downtrend has not been effectively broken, and the support zone at the bottom has been tested multiple times, confirming its strength. The rebound momentum is now building up.

Let's update the hourly cycle. After a series of rapid declines with consecutive bearish candles, the price has now begun a phase of rebound and correction. Currently, Bitcoin is oscillating around the key level of 91,000, with most of the previous upward gains being retraced during this decline. From a technical perspective, the hourly MACD histogram clearly shows that bearish momentum is gradually weakening. As the US stock market approaches close, after a series of sharp declines, the technical indicators clearly signal the need for a rebound and correction.

Reviewing recent movements, Bitcoin has repeatedly triggered effective rebounds when approaching the 91,000 support level, indicating strong support at this level and a very low probability of breaking below in the short term. Each dip is followed by a rebound, with bullish forces gradually recovering.

Short-term strategy:
Bitcoin: Long around 90,500-90,000, target 92,000-92,500
Small Bitcoin: Long around 3,130-3,110, target 3,180-3,200

$BTC $ETH