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Xiaoyao KOL: Bitcoin and Ethereum Midday Market Analysis 1.23
The daily chart of Bitcoin shows that the recent price trend has been characterized by a sharp decline followed by stabilization. On the 4-hour chart, the price has tested support multiple times and rebounded. In the short term, it remains in a range-bound consolidation. Both DIF and DEA are negative, and the MACD histogram has shifted from green to red but with weak momentum, indicating that the selling pressure is weakening. The market may enter a consolidation and correction phase. The EMA7 and EMA30 are relatively far apart, and the price is trading above EMA7, providing some short-term support.
For reference, consider entering around 88,000 to 89,300 for Bitcoin with a target near 90,500. For Ethereum, consider entering around 2,910 to 2,940 with a target near 3,020. Market conditions are constantly changing. This article is time-sensitive. Friends who are entering the market should follow real-time guidance. #Gate每10分钟送1克黄金 #现货黄金再创新高 #社区成长值抽奖十六期