January 12th, Monday Morning Market Overview: Bitcoin and Ethereum Technical Analysis



From the candlestick chart, the KDJ lines are stuck below 50, and the J line is starting to turn downward, indicating that the momentum of this rally is waning; the MACD green bars are shrinking and about to turn red, suggesting that the bearish pressure is easing slightly, but trading volume has not yet shown a significant increase. Currently, the market is oscillating and gradually building a base, and after consolidation, a rebound is expected.

Morning trading strategy: Identify key support levels for positioning; the main approach is to buy on dips and remain bullish.

Specific directions:
• Bitcoin ($BTC): Consider going long in the 90000-90600 range, with a target of 92900
• Ethereum ($ETH): Go long in the 3080-3100 range, with a target of 3240
ETH0.3%
BTC-0.11%
ZEC4.31%
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CexIsBadvip
· 7h ago
Damn, another bottoming? Every time you say it's bottoming out, I just want to see when it can truly rebound.
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MeltdownSurvivalistvip
· 11h ago
It's the same bottoming pattern again, wait and see. Anyway, I'm not in a hurry. Buying on dips is the way to go. The 90,000-90,600 level looks pretty attractive.
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MainnetDelayedAgainvip
· 11h ago
According to the database, how many days have passed since the last "upcoming rebound" prediction before this bottoming forecast... I need to check the records.
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TerraNeverForgetvip
· 11h ago
Is this another bottoming consolidation? Can this wave really rebound? It feels a bit uncertain.
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