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Friends, a new year has begun. No matter how things have gone in the past, they are now set in stone. It's important to plan each step carefully moving forward.
The market surged strongly in the early morning. Bitcoin stopped at 90,960, and Ethereum paused at 3,149. Later during the day, there was a slight retracement. As you all know, we have been bearish recently, so during the early morning surge, our short positions were stopped out. However, this doesn't matter. After being wiped out, we quickly reversed and followed the trend, which helped us recover some losses. This highlights the importance of timely adjustments. If you can't adapt in the crypto space, you will ultimately get hurt.
Currently, it's the weekend. After such a strong rally, the market tends to consolidate and repair during the weekend, so large fluctuations are unlikely. However, weekends are also the best opportunity to increase positions, as it's the easiest time to add to your holdings. So, friends, take advantage of the weekend to recover some of the previous losses. I won't go into much detail about the market trend now. During the weekend, follow a small-range strategy of high sell and low buy. I will give you a specific plan again on Sunday evening.
For Bitcoin, consider shorting around 90,000, and look to cover near 89,300. For Ethereum, short around 3,106, and cover near 3,060. If the price breaks through, continue to watch for further declines.