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Xiaoyao KOL: Bitcoin and Ethereum Evening Market Analysis 1.18
Bitcoin's current daily chart shows a significant decline earlier, followed by a series of small bullish candles attempting to recover. However, the strength is weak, and the overall trend appears to be consolidating at a high level. On the 4-hour chart, both DIF and DEA are below the zero line. The MACD histogram is negative but shrinking, indicating weakening momentum and a potential rebound. However, during the rebound, trading volume is insufficient, so caution is advised for a weak rebound. Tonight, it is recommended to enter a long position at the high point of the rebound.
Refer to Bitcoin around 95800 to 96300 for a long entry, with a target near 94500. For Ethereum, consider entering around 3340 to 3380, with a target near 3260. Market conditions are constantly changing. This article is time-sensitive. Traders entering the market should follow real-time guidance. #周末行情分析 #GateFun代币推荐 #GateLaunchpadIMU