Yue Ying: 1.23 Bitcoin and Ethereum Market Analysis Today - Precise Long Entry on Bitcoin, Short-term Range Consolidation Awaiting Breakout

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Bitcoin Technical Analysis ————

Bitcoin previously short-term strategy at 88500 was precise, but the space is limited, currently moving within a range of over 1500 dollars. On the daily chart, the previous candle faced resistance around the 60-day moving average and formed a doji. The market opened below this level and oscillated. The Bollinger Bands remain flat, short-term moving averages are turning downward, MACD fast and slow lines crossed downward with increasing volume, KDJ is supported and turning upward, VR indicator is consolidating near 100.
On the 4-hour chart, the market is oscillating within a range, currently encountering resistance at the midline. Bollinger Bands are narrowing downward, short-term moving averages are flat, MACD fast and slow lines crossed upward with decreasing volume, KDJ is facing resistance and turning downward, VR indicator is consolidating near 60.
Overall, the market continues to maintain a oscillating adjustment structure, mainly trading within a range in the short term. Watch for resistance around 92000 on the upside and support above the lower band. The support can be considered just above the lower band. The overall short-term outlook remains bullish, and the strategy continues to be applied accordingly. Short-term trading suggestions.

Bitcoin Short-term Trading Suggestions: Long at 88500, short at 91600 (activate strategy for profit, manage at will)

姨太 Technical Analysis ————

The support idea given above for姨太 is also correct, but the fluctuation space is very small. The technical aspect still follows Bitcoin for reference. Continue to watch the short-term support around 2900 on the downside, and resistance around 3100 on the upside. If broken, adjust the short-term outlook accordingly. Short-term trading suggestions.

姨太 Short-term Trading Suggestions: Short at 3060, long at 2930 (activate strategy for profit, manage at will)

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