1.16 Midnight Bitcoin and Ethereum Trading Suggestions and Directions


From the current market situation, the daily chart shows that the K-line indicates that the investment has broken the original continuous bullish trend, and the Bollinger Bands remain in an expanding pattern. The middle and upper bands continue to rise, with no obvious change in trend. From a technical perspective, the current investment does not alter the original trend and is in a correction phase. On the 4-hour chart, there is a short-term high-level consolidation phase, with continuous upward and downward corrections. The market shows alternating yin and yang patterns, operating within a narrow range. In such market conditions, there are always opportunities to find profit. On the 1-hour chart, after the US stock market opened in the evening, the price experienced a slight correction, followed by a rapid rebound to recover losses, with a brief typical false breakout. Currently, it is operating near the white zone of oscillation, with Bollinger Bands gradually narrowing. In the short term, it may enter a range-bound consolidation. Therefore, the midnight trading strategy should mainly focus on high selling and low buying.
Big Bitcoin (BTC): Buy on dips around 95,500 to 95,000, watch for 97,500; rebound to around 97,000 to 97,500 can be sold, watch for 95,000.
Small Bitcoin (Altcoin): Buy on dips around 3,010 to 3,280, watch for 3,400; rebound to around 3,370 to 3,340 can be sold, watch for 3,000.
ETH1,84%
BTC1,1%
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