Bitcoin and Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 1/15 Currently, the market is in an upward trend, showing strong bullish signals on the technical side. The moving average system is displaying a bullish alignment, accompanied by a golden cross, further confirming the strength of the trend. At the same time, the candlestick pattern has formed a bullish engulfing pattern, indicating a high probability of continued upward movement. However, it should be noted that the RSI indicator has entered the overbought zone, and the price is approaching the upper band of the Bollinger Bands, which may lead to a short-term pullback risk. Given that the current market is confirmed to be in an uptrend by the moving average system, and 93500 USDT is a strong support zone in a dense trading area, along with the bullish engulfing signal on the candlestick pattern, it suggests that prices may continue to rise in the short term. Therefore, adopting a cautious long position strategy when retracing to key support levels is a reasonable choice to follow the trend. So, the afternoon trading suggestion is to mainly go long above support levels.


Buy near 95500-95800, watch for a move around 97500-98000; buy near 3280-3300, watch for a move around 3380-3420.
BTC-0,8%
ETH-0,4%
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