#MSCI未排除纳入数字资产财库企业的可能性 January 21 evening trading observation

Bitcoin trend analysis: On the daily chart, there was a significant plunge the day before, with the price finding support near the lower Bollinger Band. After opening today, it stabilized somewhat, with a slight rebound entering a range of oscillation. The Bollinger Bands remain flat, short-term moving averages are beginning to turn downward, indicating initial bearish sentiment; the MACD indicator's fast and slow lines have formed a death cross pointing downward, with increasing volume bars supporting the move, suggesting bearish momentum is being released; KDJ continues to decline, with support near the 0 level to watch; VR hovers around 90, with no obvious market heat fluctuations.

On the 4-hour chart, after consecutive declines, the candlesticks turned positive, halting the downtrend, but the rebound was limited, touching the 7-day moving average before pulling back. The Bollinger Bands are opening downward, and the moving average group is also trending lower, indicating the bearish pattern has not yet improved; although the MACD is still in a downward channel, there are signs of a turnaround, with the volume bars shrinking, indicating bearish momentum is waning; after support at low levels, the KDJ has turned upward to form a golden cross, suggesting a short-term rebound may occur; VR is consolidating around 40, with trading activity appearing relatively quiet.

This nearly 10,000-point rapid decline has essentially completed the concentrated closing of long positions at previous high levels. The key next step is to treat the opening price of the previous daily candlestick as the dividing line between bulls and bears. If subsequent rebounds cannot effectively break through this level, the market is likely to continue oscillating downward from high levels.

Trading suggestions:
$BTC Buy at 90000-91000, target range 87400-88400
$ETH Sell at 3000-3040, target range 2880-2920