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1.10 Afternoon Thoughts:


After weekend adjustments, Bitcoin (Big Coin) rose from a low of 103999 to 106666 in the morning, then fluctuated around 106000. Meanwhile, Ethereum (Second Coin) also rose to around 3600 and fluctuated. Early morning long positions took profits, with Bitcoin earning over 2100 points and Ethereum earning over 90 points.

Market sentiment is leaning bullish, but there is short-term risk of a pullback. On the daily chart, this is currently a rebound, not a reversal. There is still downward pressure below 110000, so support levels can be used to enter long positions.

Trading Suggestions:

- Bitcoin: Buy near 105800-106000, target 107000
- Ethereum: Buy near 3550-3570, target 3700
BTC-3.54%
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