1.23 Friday Morning Analysis#BTC #ETH

Good morning, friends in the crypto world! Old Guo's morning market analysis is here on time!

On the hourly chart, BTC price encountered resistance and pulled back when it hit the key integer level of 90,000, with significant selling pressure. Short-term突破难度极大.

Switching to the four-hour chart, the overall market remains in a narrow range of oscillation, with very clear support and resistance zones. The current price has already reached the upper resistance area of the oscillation range, limiting upward space.

Based on multi-timeframe signals, the core trading idea this morning is clear: mainly short positions, do not blindly chase longs!

Specific trading suggestions

Bitcoin: Short positions in the 89,800-90,300 range, target 87,500, and hold if the level breaks.

Ethereum: Short positions in the 2,970-2,990 range, target 2,830, and be cautious with position sizing.