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January 13 Afternoon Bitcoin and Ethereum Trading Suggestions and Directions
Every fluctuation is carving your cognition, and every persistence is voting for the future. There are no losers in the crypto world, only evolving believers. The midday analysis was once again validated. We suggested entering positions around 91,000 for Bitcoin and around 3,100 for Ethereum. The market moved as expected with oscillations. Bitcoin and Ethereum respectively stretched to around 92,100/3,143, prompting exits. Bitcoin again gained over 1,000/38 points, confirming that all our ideas are publicly shared in advance and traceable, aiming to stand firm in the fog. After each early analysis, we execute cautiously to secure gains.
From the current market situation, the 4-hour chart shows that the market has already supported a two-day upward trend with oscillations. After a brief breakout above the Bollinger upper band, it faced resistance and pulled back. The Bollinger bands are expanding, with the middle and upper bands turning upward, clearly still within an upward channel. Short-term resistance remains, and a normal correction may occur. The pullback is just a buildup for the next breakout. On the 1-hour chart, the Bollinger three-line system continues upward, with moving averages and technical indicators leaning towards a buy phase. The rebound desire is strong, so our afternoon outlook remains bullish, focusing on continuation and retracement for long positions.
Bitcoin around 91,800 to 91,300 can be bought, watch for 93,000.
Ethereum around 3,130 to 3,100 can be bought, watch for 3,200.