1.13 Early Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions

The daily chart shows that after five consecutive days of pullback, two consecutive bullish candles have formed, indicating that buying support below is strengthening. The middle band of the Bollinger Bands has been tested multiple times without breaking, forming a solid support that continues to move upward, providing a foundation for subsequent upward movement. It is expected that the price will gradually recover along this support, initiating a sideways rebound trend.

On the four-hour chart, after a brief decline, the price quickly recovers and strongly breaks through the upper Bollinger Band with two consecutive bullish candles, indicating that bullish momentum is beginning to release. All moving averages are diverging upward simultaneously, showing a bullish divergence pattern. The short-term breakout signal is relatively clear, and the trend structure has shifted to a more bullish configuration.

The overall trend has shown a shift from defense to offense, with bulls currently dominating in the short term. It is recommended to follow the trend and mainly consider long positions on pullbacks while controlling risk. Focus on signs of stabilization at support levels below and seize opportunities for upward continuation.

In the early morning, Bitcoin can be bought around 91200, with a target of 93000.

In the early morning, Ethereum can be bought around 3090, with a target of 3180.