Gu Jingci: 1.12 Bitcoin/Ethereum retracement remains bullish

Bitcoin/Ethereum surged to around 3170 and 92500 during the daytime session, then retraced again. We have re-entered long positions during the retracement. Currently, the positions are small. If the market further declines towards 90000 and 3090, you can add to your positions to lower the average price. In terms of candlestick patterns, recent prices are still oscillating within a range, showing slight fluctuations without forming a clear trend. On the daily chart, after rebounding from around 3050 and 89000 to near 3170 and 92500, the price has pulled back and is now in a consolidation phase. Regarding technical indicators, on the 4-hour chart, DIF and DEA are both negative but gradually converging, showing signs of a short-term golden cross; the daily MACD remains weak, so further signals should be watched closely.

For evening trading, it is recommended that those with long positions wait for a retracement to around 90000 and 3090 to add to their positions, lowering the average price to around 3015 and 90600, then wait for a rally. Those without long positions can consider buying around 89800 to 90300 and 2980 to 3000. After adding to positions, target prices can be adjusted to around 3180 to 3230 and 93000 to 93500.

Daily analysis and strategy have a high success rate, and can be referenced. However, analysis and strategies are for reference only; please manage your own risks. The article's review and publication do not guarantee timeliness; please rely on real-time data!