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January 27 Cryptocurrency Market Analysis & Strategy
• BTC 🪙: The price has rebounded to the resistance zone, short-term bearish, with 89,000 as the key level separating bulls and bears. Watch for a rejection to short or a breakout to turn bullish.
• ETH ⚡: The rally encountered resistance, with 2950-2970 as strong resistance. Support has shifted down to 2880. Remain cautious on the short side until a breakout occurs.
🎯 Bitcoin Strategy: Short in batches at 88600-89000, target 87500-87000, stop loss 89500 (if it breaks through 89000 effectively, then turn to long).
🎯 Altcoin Strategy: Light short positions at 2940-2960, target 2880-2850, stop loss 3000 (if it breaks 2970, then turn to long).$BTC