January 29 Cryptocurrency Market Analysis & Strategy

• BTC 🪙: Current price approximately 89,395 USD, trading within a narrow range around 89,000. 90,000 is the key resistance today. Attempting short positions under pressure, bullish if broken through and turned into a rally.
• ETH ⚡: Current price approximately 2,990 USD, moving in tandem with BTC, with 3,050 as a strong resistance level and support at 2,940. Focus on buying low and selling high before breaking the previous high.
🎯 Bitcoin Strategy: Short positions in batches between 89,800-90,000, targeting 89,000-88,500, with a stop loss at 90,300 (if effectively breaking through 90,000, then switch to long positions).
🎯 Altcoin Strategy: Light positions for shorting between 3,020-3,040, targeting 2,990-2,960, with a stop loss at 3,050 (if breaking 3,050, then switch to long).$BTC $ETH