Bitcoin and Ethereum early morning operation suggestions and future trend analysis: 1/23 The current market shows a clear range-bound fluctuation pattern, with prices oscillating between the strong support at 87250( and the strong resistance at 90321.22). Technical indicators show that although the moving average system is in a bearish alignment, indicating a generally weak trend, the weakening momentum and the bullish engulfing candlestick pattern suggest a possible short-term rebound or continued consolidation. The resonance of key support and resistance levels further reinforces the current sideways market characteristic. The market is currently in a range-bound state, with prices near the strong support at 87250, and the candlestick pattern indicates a bullish engulfing signal, implying a potential rebound. Therefore, buying low near support levels is a reasonable strategy to follow the consolidation pattern. The subsequent operation suggestions are to buy on dips: buy near 88000-88500 for Bitcoin with a target of 90000-90500, and buy near 2900-2920 for Ethereum with a target of 3000-3050.
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Bitcoin and Ethereum early morning operation suggestions and future trend analysis: 1/23 The current market shows a clear range-bound fluctuation pattern, with prices oscillating between the strong support at 87250( and the strong resistance at 90321.22). Technical indicators show that although the moving average system is in a bearish alignment, indicating a generally weak trend, the weakening momentum and the bullish engulfing candlestick pattern suggest a possible short-term rebound or continued consolidation. The resonance of key support and resistance levels further reinforces the current sideways market characteristic. The market is currently in a range-bound state, with prices near the strong support at 87250, and the candlestick pattern indicates a bullish engulfing signal, implying a potential rebound. Therefore, buying low near support levels is a reasonable strategy to follow the consolidation pattern. The subsequent operation suggestions are to buy on dips: buy near 88000-88500 for Bitcoin with a target of 90000-90500, and buy near 2900-2920 for Ethereum with a target of 3000-3050.