Coin Wave Riding: 1.10 Bitcoin (BTC) and Ethereum (ETH) Latest Market Analysis Reference Today, Information Interpretation

Coin Wave Riding: 1.10 Bitcoin (BTC) Market Analysis Reference:

Bitcoin has maintained intraday consolidation, with prices fluctuating narrowly around the 90000 level. As of press time, BTC is quoted at 90700 in real-time. From the daily chart observation, Bitcoin's daily K-lines have continuously closed lower, with prices currently running above the BOLL mid-line. The KDJ three lines are diverging downward, and bearish momentum continues to release; in the MACD indicator, DIF and DEA are running upward but the volume column has significantly narrowed, indicating that although the daily bullish trend has not completely reversed, upward momentum has notably diminished. The RSI three lines are all hovering near the 50 watershed, with short-term focus on the effectiveness of the Bollinger mid-line (89500) support. If it can hold steady at the mid-line, it is still expected to rebound based on this support to test the 92000-93000 range and may attempt to challenge the 94000 resistance level again.

On the 4-hour chart, the Bollinger Bands are narrowing downward, with the mid-line exerting pressure on price. The KDJ three lines are contracting and converging in the weak area below 50, RSI three lines are both below 50, MACD volume columns continue to narrow without forming an effective golden cross, reflecting that the 4-hour level is in a weak consolidation and bottom-building phase; on the 1-hour chart, the Bollinger channel is flattening and beginning to narrow, with price pulling back from the 91900 overbought high, the J value of KDJ turning downward, and MACD volume columns turning positive from negative but with insufficient upward momentum. In the short term, the hourly and 4-hour lines form a resonant oscillation pattern, with prices likely to consolidate in the 90000-91500 range. Given that we are in the weekend phase, I won't elaborate further; for intraday stable operations, it's still best to capture short-term gains with high shorts and low longs.

Coin Wave Riding: 1.10 Bitcoin Short-term Reference:
Long positions: 89000-90000 range long, stop loss at 88500 to add, targets 91000-92000,
Short positions: 91500-92500 range short, stop loss 500 points, targets 91000-90000,

Coin Wave Riding: 1.10 Ethereum Short-term Reference:
Long positions: 3035-3065 range long, defend at 2950 to add, targets 3100-3150,
Short positions: 3130-3180 range short, stop loss 30 points, targets 3100-3050,

This content is created and shared by [Coin Wave Riding], representing personal views only. The article is sent with delays and is for reference only. Do not blindly operate! I hope that on your investment journey, regardless of how the market changes, you can stick to your principles and maintain rationality and calmness. Deeply understand the characteristics, risks and return mechanisms of investment products, and don't let short-term market fluctuations affect your emotions. Wishing all followers can have keen insight during their investment journey, seize opportunities, make decisions that are just right, ride the wind and break the waves in the investment ocean, and reap wealth and growth!!!#BTC #ETH