Friday's explosive move is coming, nearly 2.5 billion USD in ETF spot options are expiring and settling!
This afternoon at 16:00, BTC worth $1.87 billion and ETH worth $395 million will expire and settle. This period often faces significant volatility and sharp price swings, so everyone must be prepared for defense! At the same time, the Bank of Japan is expected to maintain its interest rate hike this month to hedge against the Federal Reserve's rate cuts, attracting capital backflows and increasing upward pressure!
BTC Currently, the moving average system shows a dead cross with a head formation, and trading volume is extremely thin, indicating a sideways consolidation phase. Intraday support is at 9050. If this level is effectively broken, the trend may continue to retrace on the daily chart. A light position with small losses can be tried here, mainly with a bullish bias.
Range around 9170-9220, with a target of 9050. If broken downward, look for 8920-8830.
ETH Range around 3148-3174, with a target of 3110. If broken downward, look for 3078-3000.
Short-term trading is flexible and dynamic; defensive strategies depend on your actual position! $BTC #非农就业数据
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January 9th BTC/ETH:
Friday's explosive move is coming, nearly 2.5 billion USD in ETF spot options are expiring and settling!
This afternoon at 16:00, BTC worth $1.87 billion and ETH worth $395 million will expire and settle. This period often faces significant volatility and sharp price swings, so everyone must be prepared for defense! At the same time, the Bank of Japan is expected to maintain its interest rate hike this month to hedge against the Federal Reserve's rate cuts, attracting capital backflows and increasing upward pressure!
BTC
Currently, the moving average system shows a dead cross with a head formation, and trading volume is extremely thin, indicating a sideways consolidation phase. Intraday support is at 9050. If this level is effectively broken, the trend may continue to retrace on the daily chart. A light position with small losses can be tried here, mainly with a bullish bias.
Range around 9170-9220, with a target of 9050. If broken downward, look for 8920-8830.
ETH
Range around 3148-3174, with a target of 3110. If broken downward, look for 3078-3000.
Short-term trading is flexible and dynamic; defensive strategies depend on your actual position! $BTC #非农就业数据