Bitcoin and Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 1/14 From the current market situation, on the 4-hour chart, after a strong breakout above the upper band to around 96800, there is resistance and a downward move. The price is currently oscillating near 95000. It remains within the middle band, with a clear upward trend. According to MACD: DIF and DEA maintain a golden cross, the histogram stays positive and is increasing, indicating ongoing bullish momentum.
Short-term resistance: around 96800, the previous high and psychological level. If it cannot break through, a double top pattern may form. Short-term support: around 93000. After a rally, a long upper shadow appeared, and with KDJ overbought and volume-price divergence, a pullback to test 93000 support is possible. Currently in a correction phase, so afternoon trading should focus on rebounds below resistance levels. Bitcoin around 95000-95500 can be bought, watch around 94000-93500, and Ethereum around 3340-3360 can be bought, with attention to 3250-3200.
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Bitcoin and Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 1/14 From the current market situation, on the 4-hour chart, after a strong breakout above the upper band to around 96800, there is resistance and a downward move. The price is currently oscillating near 95000. It remains within the middle band, with a clear upward trend. According to MACD: DIF and DEA maintain a golden cross, the histogram stays positive and is increasing, indicating ongoing bullish momentum.
Short-term resistance: around 96800, the previous high and psychological level. If it cannot break through, a double top pattern may form. Short-term support: around 93000. After a rally, a long upper shadow appeared, and with KDJ overbought and volume-price divergence, a pullback to test 93000 support is possible. Currently in a correction phase, so afternoon trading should focus on rebounds below resistance levels.
Bitcoin around 95000-95500 can be bought, watch around 94000-93500, and Ethereum around 3340-3360 can be bought, with attention to 3250-3200.