January 12 $BTC $ETH Silk Road Analysis

Family members, have you been seeing the recent geopolitical news? The risk aversion sentiment has been skyrocketing, with gold and silver hitting new highs!

Crypto has not moved much for now, but everyone stay calm, a major market move is coming soon, and the main upward wave is already on its way!

First, look at Bitcoin, the 4-hour chart has been steadily oscillating above 90,000 in the past two days. Following the external market rhythm, there are signs of an upward push now. Technical indicators are even more promising; the MACD has just formed a golden cross and is firmly above the zero line. The KDJ is also trending upward, and all indicators are signaling "stability"!

Personal suggestion: Bitcoin can dip between 89,200-90,500, with targets looking toward 92,500-93,500!

Next, look at Ethereum, the 1-hour chart shows much more intense bullish and bearish battles than Bitcoin! The technicals are even stronger; the J line of KDJ has pierced through the K and D lines, with a stable golden cross forming. RSI is also rising steadily, and the EMA moving averages are supporting the price from below. The bulls are about to launch a strong attack!

Personal suggestion: Ethereum can dip around 3,050-3,080, with targets initially set at 3,170-3,200$BTC