1.12 Monday Morning Bitcoin / Ethereum Market Analysis

I believe everyone has seen the news. Due to geopolitical influences, the market's risk aversion sentiment is increasing. Just now, gold and silver hit new highs. Although there hasn't been much movement in the crypto sector yet, there's no need to rush. The market will soon give a direction. Let's wait patiently for this main upward wave.

Looking at the 4-hour chart of Bitcoin, the price has been oscillating above 90,000 in the past two days. Influenced by external markets, an upward trend has already formed. Technically, the MACD has shown a golden cross and is above the zero line. The KDJ indicator is also trending upward, indicating a generally positive technical outlook.

Personal suggestion, for reference only (strictly set stop-loss)
Bitcoin can move north around 90,500-89,200, with targets at 92,500-93,500.

Looking at the 1-hour chart of Ethereum, the confrontation with Bitcoin is more intense. Technically, the J line of the KDJ indicator has crossed the KD lines to form a golden cross. The RSI indicator is also trending upward, and the EMA moving averages are providing support. The bulls are about to make a move.

Personal suggestion, for reference only (strictly set stop-loss)
Ethereum can move north around 3,080-3,050, with targets at 3,170-3,200.