1.7 Thinking Analysis

This morning, the price dipped below the 91,000 level and then rebounded, with the hourly chart forming four consecutive bullish candles to complete the rebound and correction. The short-term bullish outlook provided earlier has been fully validated. Currently, the bullish momentum on the hourly chart is gradually gaining dominance, and the bottoming process is basically complete. Although the hourly candles continue to show long upper shadows, indicating ongoing struggle between bulls and bears, the acceleration and divergence of the KDJ lines upward, along with the MACD turning from negative to positive, suggest that a rebound in the price is only a matter of time. In terms of trading strategy, maintain a bullish outlook, and consider buying on dips for further positions.

For Bitcoin, suggest around 90,900-90,300, with an upward target near 91,900-93,500.
For Ethereum, suggest around 3,140-3,100, with an upward target near 3,200-3,300. #GateAI正式上线 #比特币六连涨 #Meme币板块回暖