#密码资产动态追踪 Bitcoin and Ethereum Midday Market Observation 1/12

From the market perspective, Bitcoin is currently in a clear consolidation pattern, with prices repeatedly testing the range between 90175.3 and 92488, constrained by strong support and resistance levels both above and below. The technical indicators are quite interesting — moving averages have already formed a bullish alignment, and the recent golden cross also signals a bullish outlook, reinforcing the upward expectation. However, the current issue lies in trading volume. The volume has not kept pace, and the lack of volume-price coordination makes it unlikely for the price to break through the upper limit of the range.

On the candlestick chart, a bullish engulfing pattern has been observed, which suggests a short-term rebound might be possible. But whether a true rally can be triggered still requires further observation. Given this market environment — clear range-bound characteristics, repeated resistance around 92488, and insufficient volume support — the logic of shorting at high levels remains quite clear. In this pattern, a rebound and then selling high strategy aligns better with the market rhythm.

For operational suggestions, Bitcoin in the 92500 to 93000 range can be monitored for rebound short opportunities, with targets around 91000 to 90500 below; Ethereum (ETH) in the 3170 to 3190 range can also be traded, with corresponding targets approximately at 3080 to 3030. The overall approach remains focused on oscillation and rebound, not chasing a big trend, but looking for trading opportunities at both ends of the range.