Hai Zhou Lang: 1.14 Cryptocurrency Market Bitcoin (BTC), Ethereum(ETH) Latest Market Analysis and Insights

Hai Zhou Lang: 1.14 Bitcoin (BTC) Market Analysis Reference:
Last night, Bitcoin bulls gained momentum and pushed higher, forming a one-sided upward trend. This morning, the price surged directly, touching the 96,700 level, breaking previous highs; then it faced some resistance and slightly retreated. As of press time, the price is consolidating around the 95,000 level. The daily technical chart shows a clear bullish dominance pattern, with Bollinger Bands opening upward, EMA short-term moving averages arranged in a bullish manner and diverging upward, providing solid support; the KDJ indicator's three lines are above 50 in a strong zone, not entering overbought territory, indicating room for bullish momentum to continue; the MACD DIF and DEA are both rising, with increasing histogram bars, indicating sustained bullish volume; although EMA120 (97,200) is above the current price, forming potential resistance, the medium to long-term RSI remains neutral to slightly strong, with no obvious divergence. The overall bullish trend remains intact, and the price is likely to test the previous high of 96,700 and EMA120 resistance levels supported by moving averages.
In the 4-hour chart, Bollinger Bands are opening upward, but the price shows signs of pulling back to the middle band; the KDJ lines have entered the overbought zone and are turning downward, indicating a correction pressure; the MACD histogram has shrunk compared to the previous period, and bullish momentum is weakening; the RSI short-term indicator is overbought and turning down, showing initial divergence signals. Overall, the bullish trend on the 4-hour chart is not completely broken, but the overbought condition is increasing the need for a correction. In the short term, the price may seek support at EMA15 (93,300) and the middle Bollinger Band. The 1-hour chart shows more obvious short-term bearish features, with the KDJ forming a death cross at high levels and moving downward, MACD forming a death cross with negative histogram expansion, and RSI weakening across the board. The price is oscillating above the middle and upper Bollinger Bands, with the lower band serving as an important short-term support. The short-term correction is a technical adjustment within the daily bullish trend. If support levels like the 1-hour Bollinger middle band and 4-hour EMA15 hold, the price is likely to resume the daily upward trend after technical correction.
Hai Zhou Lang: 1.14 Bitcoin Short-term Reference:
Long position: Buy in the 92,000-93,000 range, stop loss 500 points, target 94,000-95,000,
Short position: Sell in the 95,500-96,500 range, stop loss 500 points, target 94,500-93,500,
Hai Zhou Lang: 1.14 Ethereum Short-term Reference:
Long position: Buy in the 3,155-3,205 range, defend at 3,055, target 3,250-3,300,
This content is originally shared by 【Hai Zhou Lang】, representing personal views only. There may be delays in article delivery. For reference only, do not operate blindly! I hope everyone on the investment journey can stick to their principles regardless of market fluctuations, stay rational and calm. Deeply understand the characteristics, risks, and reward mechanisms of investment products, and avoid being swayed by short-term market volatility. Wishing fans and friends to have keen insight, seize opportunities, make perfect decisions each time, and sail through the ocean of investment to harvest wealth and growth!!!#BTC #ETH