Gu Jingci: 1.11 Bitcoin/Ethereum Trading Strategy with Market Analysis

Bitcoin and Ethereum have been exhibiting a range-bound consolidation pattern in recent days, with market sentiment remaining cautious amid mixed bullish and bearish factors. Bitcoin has been trading within the 90,000 to 92,000 range, briefly testing 94,000 at the beginning of the week, then pulling back due to profit-taking. Although there was outflow of funds from spot Bitcoin ETFs midweek, Bitcoin closed slightly higher over the weekend, maintaining around 90,000 to 91,000, indicating that its price still shows resilience despite mixed institutional sentiment. The key support level is near 89,500; if this level holds, the price may continue to fluctuate within the range and look for an upward breakout opportunity. The short-term resistance is at 92,000; a successful breakthrough could push the price further toward previous highs.

Ethereum's price movement has largely synchronized with Bitcoin. After failing to sustain gains near 3,300, it has pulled back and is currently consolidating above 3,000. Investors are holding cautious positions, resulting in relatively small price fluctuations, reflecting the market's wait-and-see attitude for clearer direction. In the short term, the support zone around 3,050 to 3,060 is critical; a breakdown below this area could trigger further declines. Resistance is near 3,300; a successful break and stabilization above this level could open new upward space.

Trading recommendations: Buy near 89,800-90,300 for Bitcoin with targets around 92,000-93,000; buy near 3,060-3,080 for Ethereum with targets around 3,150-3,200.

Daily analysis and strategy have a high success rate, which can be observed. The analysis and strategies are for reference only; please manage your own risks. The article's review and publication do not guarantee timeliness; please refer to real-time data! #GateFun马勒戈币暴涨1251.09% #Gate广场创作者新春激励 #非农就业数据 #市场触底了吗？