1.16 Morning Jingyi Operation and Thinking Analysis

All fluctuations are based on experience; only through review can one proceed steadily. In the evening, Bitcoin dipped to 95,304 and then bulls launched a counterattack, pushing up to the 97,000 resistance level before pulling back; Bitcoin Cash also retraced to 3,266 and stabilized, attempting to rise to 3,380 but was stopped by strong resistance.

On the 1-hour chart, after the rebound, there was a quick pullback, with long upper shadows on the candlesticks indicating resistance above. The upward pressure is heavy, and bullish momentum is insufficient. The MACD shows a death cross that continues to diverge, indicating short-term control by bears; the Bollinger Bands are opening downward, suggesting room for further decline, and the market is weakly consolidating.

Operational Suggestions

Bitcoin: Short in the 96,000-96,500 range, targeting 94,500-93,600
Ethereum: Short in the 3,330-3,350 range, targeting 3,250