1.16 Afternoon Bitcoin and Ethereum Trading Suggestions and Direction Sharing


From the current market situation, Bitcoin and Ethereum are showing a consolidation trend. They are currently below the middle band, with multiple short-term attempts to test the 95,000 level being effectively blocked. Confirming the validity of this level, the current trajectory is narrowing, indicating a decrease in short-term volatility. From a technical indicator perspective, MACD: DIF and DEA are both in the negative zone and forming a death cross; the MACD histogram is negative, and the bearish momentum still dominates, but the histogram length has not further expanded, showing that the downward momentum is slowing down. KDJ: K value 50.3, D value 37.3, J value 76.3. The J line has rebounded from a low and broken through the K and D lines, forming a short-term golden cross pattern, suggesting a rebound demand. Overall, the current trend is a rebound extension. The points mentioned above have small profits, so the midday trading suggestion is still mainly to buy on dips.
Buy near 95,500 to 95,000 for Bitcoin, watch for 97,000.
Buy near 3,300 to 3,270 for Ethereum, watch for 3,380.
ETH1,11%
BTC0,45%
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