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
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MetaverseHermit
· 01-13 14:18
Starting to build a bottom again. Every time it's the same story—who knows if it will rebound or continue to fall.
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CexIsBad
· 01-12 03:54
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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MeltdownSurvivalist
· 01-12 00:39
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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MainnetDelayedAgain
· 01-12 00:38
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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TerraNeverForget
· 01-12 00:30
Is this another bottoming consolidation? Can this wave really rebound? It feels a bit uncertain.
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