#Strategy加仓BTC Bitcoin and Ethereum Evening Trading Strategy
The market trend on January 16th is quite clear — a clear upward channel has already formed. From the candlestick charts, the moving average system is fully bullish, and the recent golden cross has just appeared. These two signals combined indicate that market bullishness remains strong.
Looking at the price now, it is oscillating near the strong support at 93,500. Plus, the recent appearance of a bullish engulfing candlestick increases the likelihood of a rebound. However, to be honest, the trading volume is somewhat lacking; the momentum hasn't fully caught up, which gives us some caution — after all, no matter how good the technical signals are, without volume confirmation, they can be unreliable.
Overall, the trend remains bullish. The combination of a golden cross and moving average resonance generally suggests there is still room for upward movement. So, the evening strategy is straightforward: maintain a cautious long position above 93,500, waiting for a rebound opportunity.
**Specific position suggestions:** - Bitcoin: Enter in batches within the 94,300-94,800 range, watch for resistance at 96,000-96,500 - Ethereum: Consider long positions at 3,250-3,280, targeting around 3,350-3,380
Risk reminder: any upward move without volume should be approached with caution, and stop-losses should be properly set.
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ShamedApeSeller
· 9h ago
With such weak momentum, I still dare to boast about the golden cross. I don't believe this wave can rise.
But since everyone says 93500 is a strong support, let's give it a try. Anyway, the stop-loss isn't expensive.
I entered at the 3280 level for Ethereum yesterday. Now I'm just waiting to see if it can break through 3350.
Feels like a fake rally again, just waiting to be crushed haha.
A golden cross has appeared how many times? Every time it's hyped like this, and the result? It just pulls back.
How are the brothers who bought in at 94300 feeling now? I bet this is a trap.
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UncommonNPC
· 16h ago
With such poor performance, do you still dare to chase? I think this rebound is likely to fizzle out.
View OriginalReply0
ForkItAll
· 16h ago
Still dare to add positions with weak volume? I think it's risky.
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WhaleShadow
· 16h ago
If the trading volume can't keep up, it's a false rally. Whether this rebound can hold depends on whether 93500@E5@ can be maintained.
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PumpDetector
· 16h ago
volume's been sus though ngl, golden cross lookin pretty tho... but we've seen this movie before, yeah? 93500 holdin or nah 👀
Reply0
GateUser-26d7f434
· 16h ago
The rebound that doesn't follow the volume, why are you so brave to enter this time? Feels a bit fake.
What is a golden cross? Can you eat it? Never mind, let's just observe first. Anyway, rushing doesn't help.
Is the 93500 support really that strong? If it breaks, I'll just liquidate everything.
Ethereum has already surged so much, still want to chase in? Don't understand the market.
Tired of hearing "set your stop-loss properly," every time it's said, it ends with a full liquidation.
#Strategy加仓BTC Bitcoin and Ethereum Evening Trading Strategy
The market trend on January 16th is quite clear — a clear upward channel has already formed. From the candlestick charts, the moving average system is fully bullish, and the recent golden cross has just appeared. These two signals combined indicate that market bullishness remains strong.
Looking at the price now, it is oscillating near the strong support at 93,500. Plus, the recent appearance of a bullish engulfing candlestick increases the likelihood of a rebound. However, to be honest, the trading volume is somewhat lacking; the momentum hasn't fully caught up, which gives us some caution — after all, no matter how good the technical signals are, without volume confirmation, they can be unreliable.
Overall, the trend remains bullish. The combination of a golden cross and moving average resonance generally suggests there is still room for upward movement. So, the evening strategy is straightforward: maintain a cautious long position above 93,500, waiting for a rebound opportunity.
**Specific position suggestions:**
- Bitcoin: Enter in batches within the 94,300-94,800 range, watch for resistance at 96,000-96,500
- Ethereum: Consider long positions at 3,250-3,280, targeting around 3,350-3,380
Risk reminder: any upward move without volume should be approached with caution, and stop-losses should be properly set.