January 9 BTC/ETH:

Friday nuclear explosion arrives, nearly 2.5 billion ETF spot options expiring and settling!

This afternoon at 16:00, BTC 1.87 billion USD and ETH 395 million USD expire and settle. This period often faces significant volatility spikes. Everyone must be well-prepared for defense! Meanwhile, the Bank of Japan is expected to maintain rate hikes this month to offset the Fed's rate cuts, attracting capital inflows and intensifying upward pressure!

BTC
The current moving average system shows a golden cross array formation with a death cross, and trading volume is extremely low, in a horizontal consolidation stage. Daily pullback support at 9050. If this level is effectively broken, the pullback at the daily level will continue. Light positions with small losses to attempt here, high levels are the main focus.

Around 9170-9220 range consolidation, target 9050 breakdown looking down at 8920-8830.

ETH
Around 3148-3174 range consolidation, target 3110 breakdown looking down at 3078-3000.

Short-term trading adjusts flexibly. Defense basis should be decided according to your actual position size!