The overall market trend at the start of the new year has been quite promising, but the key is whether the subsequent momentum can be sustained. Ideally, the upward trend would last for several months, but in reality, fluctuations are inevitable.

From a technical perspective, many cryptocurrencies are showing signs of reaching a high on the 4-hour chart, especially those that are stagnating. At this point, moderate profit-taking is a wise choice. However, it’s important to note that some assets also show breakdown signals on the 4-hour timeframe. For such cases, our strategy is: as long as the breakdown is not filled, maintain a bullish outlook; once a key support level is broken, immediately cut losses and consider short positions.

Currently, Bitcoin and Ethereum have not yet reached conditions for a breakdown, so the main view remains unchanged — continue to be bullish.

Regarding specific trading details:

**Bitcoin**: Around 88,500 is a suitable entry point for long positions, with a stop-loss set at 87,600. The recent high is near 94,000. Even if an extreme breakout occurs, pushing above the previous high, it could reach 98,000 or even 100,000. However, this is not something that can be achieved in a short period; it requires sufficient time to develop.

**Ethereum**: For the 3,080 long position, risk protection should be in place, with the corresponding short opportunity at around 3,160. If aiming for larger profits, 3,250 is another significant resistance level to watch.

Overall, the market at the beginning of the new year still offers many opportunities, but risk management cannot be overlooked. Trading strictly according to technical signals and avoiding greed is the key to sustained profits.