Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#美国非农就业数据未达市场预期 1.12 Weekly Bitcoin and Ethereum Market Analysis
Last night's strategic layout performed well. Bitcoin touched around 92,500 in the morning, and Ethereum surged to about 3,170, gaining nearly 3,000 points and around 100 points respectively. Currently, there is some correction, but the pullback remains within a manageable range.
From the daily chart perspective, the recent trend has been a stair-step upward pattern, with consecutive bullish candles clearly indicating that the rebound trend is still ongoing. On the 4-hour chart, after reaching a high point, a consolidation and pullback occurred, now trading within a narrow range. From a technical indicator standpoint, the 4-hour MACD's DIF and DEA lines have formed a golden cross and continue to move upward, with the red energy bars expanding simultaneously, indicating that the short-term bulls are in control. Although the daily MACD is still below the zero line, the two lines are showing signs of converging, suggesting that bullish momentum is gradually weakening.
Reference strategy (for discussion only):
Bitcoin: 89,500-90,500 range → target 92,000-93,000
Ethereum: 3,050-3,090 range → target 3,150-3,220
$BTC $ETH