Looking at the daily chart, the market experienced some fluctuations over the weekend. Today, it gapped up and broke through the 7-day moving average, and the Bollinger Bands are starting to show some interesting signs. The short-term moving averages are also moving steadily. The MACD is diverging upward above the zero line, volume has increased, the KDJ has turned upward, and the VR is consolidating near 80.
Switching to the 4-hour chart, the market strongly broke through the 60-day moving average and the upper band of the Bollinger Bands. It is now firmly above the channel, with the Bollinger Bands clearly expanding. Short-term moving averages are adjusting in sync, the MACD fast and slow lines are forming a golden cross and extending upward, showing signs of breaking above zero. Volume bars have been increasing, the KDJ is rising for the second time, and the VR is oscillating around 120.
Overall, the situation is as follows: the previous pullback confirmed the support bottom, and now the market is gathering strength to test higher levels. Although the recent bullish performance has been good, the previous high points remain a tough nut to crack, which is a key point for short-term trading. Focus on the support strength around the 90300 region below.
Looking at $ETH, the daily and 4-hour trends are basically consistent with $BTC, and the technical analysis can refer to the rhythm of Bitcoin. In the short term, the previous high area can be used as a boundary to choose entry points. Keep an eye on whether the support at 3080 holds below. It’s important to note that even if the market forms a U-shaped bottom, the resistance from previous highs remains critical, so trading must be cautious.
$BTC: Long positions in the 88800-89800 range, target at 91400-92400 $ETH: Long positions in the 3020-3060 range, target at 3140-3180
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#MSCI未排除数字资产财库企业纳入范围 January 12 Evening Market Review
Looking at the daily chart, the market experienced some fluctuations over the weekend. Today, it gapped up and broke through the 7-day moving average, and the Bollinger Bands are starting to show some interesting signs. The short-term moving averages are also moving steadily. The MACD is diverging upward above the zero line, volume has increased, the KDJ has turned upward, and the VR is consolidating near 80.
Switching to the 4-hour chart, the market strongly broke through the 60-day moving average and the upper band of the Bollinger Bands. It is now firmly above the channel, with the Bollinger Bands clearly expanding. Short-term moving averages are adjusting in sync, the MACD fast and slow lines are forming a golden cross and extending upward, showing signs of breaking above zero. Volume bars have been increasing, the KDJ is rising for the second time, and the VR is oscillating around 120.
Overall, the situation is as follows: the previous pullback confirmed the support bottom, and now the market is gathering strength to test higher levels. Although the recent bullish performance has been good, the previous high points remain a tough nut to crack, which is a key point for short-term trading. Focus on the support strength around the 90300 region below.
Looking at $ETH, the daily and 4-hour trends are basically consistent with $BTC, and the technical analysis can refer to the rhythm of Bitcoin. In the short term, the previous high area can be used as a boundary to choose entry points. Keep an eye on whether the support at 3080 holds below. It’s important to note that even if the market forms a U-shaped bottom, the resistance from previous highs remains critical, so trading must be cautious.
$BTC: Long positions in the 88800-89800 range, target at 91400-92400
$ETH: Long positions in the 3020-3060 range, target at 3140-3180