1.8 Evening Bitcoin and Ethereum Trading Suggestions and Direction Sharing

From the current market situation, the 4-hour chart shows a continuous downward pattern with consecutive bearish candles. The Bollinger Bands are expanding, with the upper and lower bands moving in opposite directions. After breaking below the lower band support, there was a brief rebound and correction. However, the lack of momentum is insufficient to change the current dominant bearish trend. On the 1-hour chart, Bitcoin is in a downtrend, having briefly dipped to around 89,588 in the afternoon. The Bollinger Bands are opening downward, indicating that selling pressure is dominant. From the KDJ indicator, all three lines are in the low zone and have not yet formed a golden cross. Short-term rebound momentum is weak. The RSI remains below 40, not entering the oversold zone, leaving room for further decline. The MACD shows DIF and DEA below zero, with negative values expanding, indicating a continued bearish trend. The rebound failed to break through the middle band, suggesting the downtrend may continue, with a target of 89,000-88,500. If there is an unexpected breakthrough and stabilization above the middle band, a correction or consolidation may occur. Evening trading suggestions mainly focus on rebound trading strategies.
Bitcoin around 90,900-91,400 can be bought on dips, watch for 89,000.
Ethereum around 3,140-3,170 can be bought on dips, watch for 3,050.