1.13 Midday Bitcoin and Ethereum Trading Suggestions and Direction Sharing
From the current market situation, the daily chart is dominated by a bearish doji star, with the Three Lines Continuous Uptrend not yet confirmed, and the moving averages maintaining a neutral trend. On the 4-hour chart, after being resisted at the high point since early morning, the price has retraced above the midline, currently oscillating around the 91100 level. Overall, the price points are consistent with yesterday's white session, so the white session may continue to fluctuate. Recently, the market has been alternating between two bullish and two bearish candles after two positive candles, with MACD maintaining a bullish crossover below the water, and green energy bars continuing to expand. In the short term, there is still a rebound trend from the long positions. On the 1-hour chart, the consolidation pattern is evident, with the three lines showing signs of flattening. The MACD histogram is negative, and the momentum is slightly converging, but no golden cross signal has appeared yet. Overall, the price is oscillating within the 91000-92000 range, currently in a phase of bullish and bearish battles. Short-term support: the lower band at 90200 is an important threshold. If it breaks below or tests further down to 89000, and this support remains solid, then the midday operation suggestion is to focus on pullback buying. Buy near 91100-90500 for Bitcoin, watch for 92500. Buy near 3100-3070 for Ethereum, watch for 3180. #BTC #ETH
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1.13 Midday Bitcoin and Ethereum Trading Suggestions and Direction Sharing
From the current market situation, the daily chart is dominated by a bearish doji star, with the Three Lines Continuous Uptrend not yet confirmed, and the moving averages maintaining a neutral trend. On the 4-hour chart, after being resisted at the high point since early morning, the price has retraced above the midline, currently oscillating around the 91100 level. Overall, the price points are consistent with yesterday's white session, so the white session may continue to fluctuate. Recently, the market has been alternating between two bullish and two bearish candles after two positive candles, with MACD maintaining a bullish crossover below the water, and green energy bars continuing to expand. In the short term, there is still a rebound trend from the long positions. On the 1-hour chart, the consolidation pattern is evident, with the three lines showing signs of flattening. The MACD histogram is negative, and the momentum is slightly converging, but no golden cross signal has appeared yet. Overall, the price is oscillating within the 91000-92000 range, currently in a phase of bullish and bearish battles. Short-term support: the lower band at 90200 is an important threshold. If it breaks below or tests further down to 89000, and this support remains solid, then the midday operation suggestion is to focus on pullback buying.
Buy near 91100-90500 for Bitcoin, watch for 92500.
Buy near 3100-3070 for Ethereum, watch for 3180.
#BTC #ETH