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#January Market: Which Altcoins Are Worth Watching?
Friday noon BTC Silk Road and suggestions
Good afternoon, everyone! I'm Shaoqin. Today is Friday, so we need to guard against one-sided market conditions. The morning volatility is not significant and still within the range discussed in the article. In the afternoon, I will provide a strengthened version to consolidate the upper and lower range positions. Please pay attention to it.
BTC
Currently, BTC continues to pull back, with strong support at around 96000-95400-94800. If there is a rebound, it needs to break through and stabilize above the strong pressure at 96800, before further upward movement towards around 97800-99000-99900; otherwise, it is expected to retrace below the strong pressure level.
ETH
ETH continues to sync with the big cake, currently retesting strong support at 3420—3390—3360. If there is a rebound, it needs to break through and stabilize above the strong pressure at 3460 in order to see further levels at 3480—3510—3550; otherwise, a fallback is expected below the strong pressure level. In summary, the current view is a continued pullback, and any support level that is not broken will lead to a rebound.
The situation in the aviation industry is unpredictable, and market news is overwhelming. It is difficult to distinguish between true and false. If you are clueless and directionless, trust in Shaoqin and discuss with each other, you may get unexpected results.