1.10 Early morning Bitcoin and Ethereum operation suggestions and directions sharing

The evening news had one bullish and one bearish factor, which did not significantly impact the market. However, after the US stock market opened, a certain rebound and extension occurred. After a deep correction to around 89,600 during the white session yesterday, the price continued to consolidate and correct within a range. At midnight, a strong rebound appeared, forming a continuous large bullish candle, with a high of around 92,000 facing resistance. Currently, the price is oscillating around 91,500. The Bollinger Bands are opening up; after breaking above the upper band, it slightly pulled back, indicating strong short-term momentum. There is short-term correction pressure. According to the MACD indicator: DIF and DEA form a golden cross below the zero line and are turning upward. The MACD histogram has shifted from negative to positive, indicating a medium- to long-term bullish trend. Notably, during the rebound, trading volume significantly increased, showing active participation. Short-term support maintains the current upward trend. Overall, it is in the first extension phase after breaking below the 90,000 level. If the 90,000 support can hold, it is likely to maintain a range-bound upward movement. Therefore, Lao Zhao’s early morning operation advice is to mainly adopt a buy low, sell high strategy.
For Bitcoin, consider buying near 91,500 to 91,000, watch for 93,000.
For Ethereum, consider buying near 3,130 to 3,100, watch for 3,200.