BTC/ETH today's outlook and key levels, subscribe for only 1.8GT for the best cost performance!

⚠️ #Bitcoin May Already Be Two Months Into a Bear Market: CryptoQuant #Bitcoin may have already entered a bear market about two months ago, according to CryptoQuant's head of research, Julio Moreno. $BTC #crypto

January 2nd BTC Technical Strategy (As of 12:40, current price approximately 88,500) - Core judgment: Volatile with a slight bearish bias, double top + double cycle death cross resonance, weak rebound - Intraday range: 86,800-88,800; key resistance at 88,800/89,000; key support at 87,000/86,800 - Indicator signals: 4-hour double top + MACD death cross, daily chart with 3-day long upper shadow, heavy selling pressure at 90,000, 7/30 moving averages (88,307/88,104) will form a death cross, rebound lacks volume Trading strategy (short-term, risk control prioritized) 1. Mainly shorting at high levels (core) - Entry: Light short positions at 88,600-88,800 - Stop-loss: Above 89,000 (e.g., 89,100) - Target: 87,500-87,000; if broken below 87,000, look at 86,800 - Position size: ≤5%, do not add to positions if rebound lacks volume 2. Supporting long positions at low levels (rebound stabilization) - Entry: Light long positions at 87,000-86,800 upon stabilization - Stop-loss: Below 86,500 (e.g., 86,400) - Target: 88,000-88,300; reduce positions upon encountering resistance 3. Breakout responses - Upward breakout above 89,000: retest 88,800 for long, stop-loss at 88,500, target 89,500 - Downward break below 86,800: rebound to 87,000 then add short, stop-loss at 87,300, target 86,000 Risk control iron rules - Single position ≤5%, total position ≤20%, strict stop-loss on each trade - No chasing longs on volume-less rebounds, do not hold positions on volume breakdowns - Confirm breakouts with 4-hour closing price, avoid mid-candle spike orders