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1.13 Evening Bitcoin and Ethereum Trading Suggestions and Direction Sharing
There is no luck in suddenly appearing out of nowhere, only persistence through high mountains and long roads. In the afternoon, Bitcoin (大饼) moved from around 91,800 in a sideways slow-rise pattern, reaching a high of approximately 92,670. Meanwhile, Ethereum (二饼) rebounded from 3,120 to a high of 3,148. Our afternoon trading ideas are once again validated: Bitcoin gained over 750 points, and Ethereum gained over 21 points. Every precise prediction is never based on luck but on a deep understanding of market sentiment.
From the current market situation, the 1-hour chart shows that the market is in a correction phase. The dual-directional movement has not broken key levels, and there is a lack of short-term reversal signals. The pullback is only a technical correction, likely to continue sideways upward movement. Technical indicators suggest the market is anchored within a small-range zone, with no clear short-term trend continuation. The daily chart shows a gradually emerging dark cloud cover pattern, with range-bound tug-of-war building up momentum. There is still potential for extension, and overall, it remains an upward trend. Evening trading suggestions are to continue with the afternoon strategy: buy on dips.
Bitcoin around 92,200 to 91,700 can be bought, watch for 93,500.
Ethereum around 3,130 to 3,100 can be bought, watch for 3,200.
#BTC #ETH