#BTC 1.12 Midday Bitcoin and Ethereum Market Analysis and Trading Suggestions

From the current market structure, the daily chart trend has clearly signaled a stabilization and strengthening. After a brief correction, the price not only quickly recovers lost ground but also firmly stays above the key integer level. The previous slight volume-driven rally effectively curbed the phase correction, and the recent pullback is more of a technical adjustment and digestion, which does not change the medium-term upward foundation of the market.

As the price repeatedly tests upward, it is gradually approaching the previous decline starting zone, facing a critical technical test. We can regard the middle band of the Bollinger Bands as an important dividing line for measuring the strength of the bulls. As long as the price does not break below this level in a real sense, the bullish momentum will be maintained and accumulated, potentially driving a new wave of upward movement.

From a more detailed four-hour cycle perspective, multiple downward tests during the session ended with "false breaks," indicating no real breakdown. Especially in the late trading hours, the bottoming and rebound candlestick pattern highlights the solid support below, with bulls in a key stage of energy accumulation. Combined with the structure of gradually rising lows and higher highs, the market has formed a short-term oscillating upward channel, maintaining a steady and bullish overall rhythm.

In summary, the short-term correction is nearing its end, and after accumulating strength, the bulls are likely to launch another attack. Trading-wise, it is advisable to continue focusing on buying on dips, paying attention to stabilization signals at support levels, and setting reasonable stops to seize the upward expansion space.

Midday Bitcoin can be bought around 91200, with a target of 93000
Midday Ethereum can be bought around 3120, with a target of 3200