With Friday's options expiration just around the corner — BTC is holding at $1.87 billion, and ETH has $395 million pending settlement. Usually, around this time, the market tends to experience sharp rises or falls, so it's important to stay alert. Additionally, the Bank of Japan plans to maintain a high-interest policy this month to hedge against the Federal Reserve's rate cuts, which could shift international capital flows and put significant pressure on the market.
From a candlestick perspective, BTC's moving average system has already formed a death cross, and trading volume has noticeably decreased. Currently, the market is testing a sideways consolidation range repeatedly. If the daily level breaks below 9050, the subsequent correction could test support levels around 8920-8830. The short-term trading strategy is to oscillate within the 9170-9220 range, mainly using light positions for trial and error, while remaining cautious on the upside.
ETH's trend is similar, oscillating within the 3148-3174 range. If it loses the 3110 support, the price could test support levels around 3078 to 3000.
Short-term market volatility is high, so position management and defensive strategies should be tailored to your own situation.
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CoffeeOnChain
· 01-11 11:58
Once again, it's a trap with options settlement. This time, both are significant, with $1.87 billion hanging overhead—be cautious.
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DancingCandles
· 01-09 20:03
Oh no, Friday settlement is here again. Stay alert and don't get front-run.
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UncommonNPC
· 01-09 13:05
Friday is another delivery day, always so troublesome, be careful not to get caught off guard.
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The 1.87 billion BTC short pressure is a bit significant, it feels like this time we might really test the lower levels.
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The death cross still sideways, looking a bit uncomfortable, better to keep a light position.
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The Bank of Japan's hedge move has directly disrupted the entire situation, international capital is really starting to change its mind.
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If the 9050 level breaks down, the pullback space isn't small, but I think it might not reach 8830.
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ETH is even more uncertain; if 3110 doesn't hold, 3000 is right in front of us, I dare not be greedy.
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Every options expiration feels like a casino scene; holding long-term or just closing and sleeping is more reassuring.
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The moving average death cross combined with decreasing volume, honestly, this combination looks uncomfortable, so for now, observing.
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RadioShackKnight
· 01-09 08:30
Death cross + shrinking trading volume, this Friday is again dominated by the fear of options, keeping the position light is really necessary.
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DegenMcsleepless
· 01-09 08:29
1.87 billion USD in sell pressure, Friday is another day of risking it all. This time, you really need to be careful.
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UnruggableChad
· 01-09 08:28
With so many positions settling on Friday, I think the market needs to consolidate this week before moving again.
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GateUser-a606bf0c
· 01-09 08:28
A death cross has occurred, and with Friday's settlement, it's going to be a hassle again. This wave really feels tough... Keeping a light position is the way to go; don't think about bottom fishing.
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GateUser-00be86fc
· 01-09 08:12
You definitely need to be cautious with this delivery node. With such a huge pressure of 1.87 billion, how could it not collapse?
#美国贸易赤字状况 January 9th $BTC/$ETH Market Watch
With Friday's options expiration just around the corner — BTC is holding at $1.87 billion, and ETH has $395 million pending settlement. Usually, around this time, the market tends to experience sharp rises or falls, so it's important to stay alert. Additionally, the Bank of Japan plans to maintain a high-interest policy this month to hedge against the Federal Reserve's rate cuts, which could shift international capital flows and put significant pressure on the market.
From a candlestick perspective, BTC's moving average system has already formed a death cross, and trading volume has noticeably decreased. Currently, the market is testing a sideways consolidation range repeatedly. If the daily level breaks below 9050, the subsequent correction could test support levels around 8920-8830. The short-term trading strategy is to oscillate within the 9170-9220 range, mainly using light positions for trial and error, while remaining cautious on the upside.
ETH's trend is similar, oscillating within the 3148-3174 range. If it loses the 3110 support, the price could test support levels around 3078 to 3000.
Short-term market volatility is high, so position management and defensive strategies should be tailored to your own situation.