Monday market outlook is more bearish, rebound shorting

1. Bitcoin (January 26)

- Viewpoint: Volatile with a bearish bias, no clear breakout, observing before any breakthrough, rebound lacks strength, daily trend weakening, waiting for range break.
- Key levels: Support at 88500, 87600; Resistance at 90600, 91200, 92000.
- Operation: Focus on short positions before breaking above 91200 high, lightly short on rebounds to 90600-91200, stop loss at 91500, target 88500; if below 88500, add to short, target 87600, stop loss 89000; if above 91200 with volume, consider small long positions, stop loss 90600, target 92000.

2. Ethereum (January 26)

- Viewpoint: Volatile with a weak bias, pressured at the 3000 level, bears favored, hourly chart shows bearish arrangement, MACD below zero line, RSI 40-45 indicating weakness.
- Key levels: Support at 2920, 2900; Resistance at 2960, 2980.
- Operation: Short lightly if below 2920, stop loss at 2940, target 2900; go long lightly if above 2960, stop loss at 2940, target 2980; if no breakout, observe carefully, strictly control position size and stop loss.

3. Risks and Positioning

- Strong correlation, focus on whether BTC can hold above 90000, ETH above 3000, position size ≤ 30%, stop loss no more than 3% of entry price.
- Fundamentals: The Federal Reserve's policy remains tight, risk assets are less favored, market sentiment cautious, insufficient capital support, rebound sustainability doubtful!