1.22 Bitcoin/Ethereum Evening Trading Strategy and Market Analysis

Last night, Bitcoin/Ethereum re-entered long positions at the current prices of 87,500 and 2,890. During the early hours, prices briefly surged to around 90,500 and 3,068. The market space is approximately 3,000 points for Bitcoin and 180 points for Ethereum. Currently, Bitcoin and Ethereum are showing a consolidation pattern with oscillations, with bulls and bears in a tug-of-war. The trend is influenced by macroeconomic sentiment and regulatory expectations. Over the past two days, there have been noticeable spikes up and down. Technical indicators on the 4-hour chart show narrow sideways movement, with prices running along the middle Bollinger Band, indicating insufficient momentum as the channel narrows. The 4-hour RSI is around the neutral 50 level, and the MACD is near the zero line, confirming a short-term consolidation pattern. The daily chart remains in a recovery phase after a correction, with the 200-day moving average trending upward, indicating that the long-term bullish trend remains intact.

Evening Trading Recommendations: Enter long positions around 89,800 for Bitcoin, add to longs at 88,800, with targets near 91,500-92,500; for Ethereum, go long at 2,980, add at 2,940, with targets near 3,050-3,100.