Bitcoin, after a midday correction, still firmly holds the 90,000 level. It strongly recovers the middle band of the Bollinger, and the buying pressure below remains unshaken. After profit-taking by both bulls and bears, the bullish confidence remains intact.
From the 4-hour candlestick chart, the price rebounded after touching the lower Bollinger Band and is now stabilizing above the middle band, clearly favoring the bulls. The trading volume also supports this—shrinking during declines and gradually increasing during rebounds. This rhythm indicates a quite clear signal for further upward movement.
Recommended trading directions: - Consider going long on BTC in the 89,000-89,500 range, with targets around 92,000-92,500 - Build a position in Ethereum near 3,050-3,080, aiming for 3,200-3,230
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Market Summary for the Evening of January 12
Bitcoin, after a midday correction, still firmly holds the 90,000 level. It strongly recovers the middle band of the Bollinger, and the buying pressure below remains unshaken. After profit-taking by both bulls and bears, the bullish confidence remains intact.
From the 4-hour candlestick chart, the price rebounded after touching the lower Bollinger Band and is now stabilizing above the middle band, clearly favoring the bulls. The trading volume also supports this—shrinking during declines and gradually increasing during rebounds. This rhythm indicates a quite clear signal for further upward movement.
Recommended trading directions:
- Consider going long on BTC in the 89,000-89,500 range, with targets around 92,000-92,500
- Build a position in Ethereum near 3,050-3,080, aiming for 3,200-3,230
#密码资产动态追踪 $ETH