Mu Feng's Trend Analysis: 1.22 Bitcoin/Ethereum Consolidation and Trading Recommendations

Yesterday's multiple re-entries into long positions during the pullback, including the early morning spot longs, gained significant profit space. During the early hours, KDJ and MACD continued to decline sharply, and BOLL broke below the lower band, indicating a breakdown. Subsequently, there was a short-term rebound with a bottoming pattern, and the support held effectively. The rebound was accompanied by increased volume, indicating a strengthening trend. Currently, the market is oscillating upward steadily. The main chart's MA three-day moving averages are all trending downward with increased volume, but the price and MA5 on the main chart have formed a gap. Additionally, Bitcoin and Ethereum have both stabilized above the red TD9 line, the daily RSI is approaching oversold levels, suggesting a rebound space. Therefore, in the short term, we continue to expect a technical rebound and adjustment. Specific levels can be referenced as follows:

BTC: 89500-89000 long, target 91000

ETH: 3000-2970 long, target 3060

The above are personal intraday trading suggestions. Market conditions change rapidly, and the article may have some lag. Please follow real-time guidance for specific operations. #现货黄金再创新高