2026-01-08 03:20:34

January 8th BTC/ETH Outlook

A few days ago, when Bitcoin surged to 94,500, I repeatedly told everyone not to get overly bullish and chase the rally, clearly stating that a correction was needed.

As expected, after these two days of downward adjustment, the price has now basically reached its bottom!

Looking at the four-hour chart: the price is steadily holding above the lower Bollinger Band, indicating strong support; the KDJ indicator had already fallen into the oversold zone and is now turning upward, with the J line about to cross above the K and D lines to form a golden cross; the MACD red histogram is gradually shrinking, signaling that the bulls are about to gather strength for a rebound!

Personal trading suggestions:

Bitcoin can be bought on dips between 90,700-89,500, with initial targets of 92,000-93,000.

Ethereum can be bought on dips between 3,140-3,100, with initial targets of 3,200-3,250.

ETH0,33%

BTC0,12%

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