$BTC January 7 Evening BTC/ETH Technical Analysis and Strategy
Investing is not just a numbers game; it is also a mental discipline. You are not predicting waves; you are learning to surf. The market is always volatile, not just daily ups and downs. The ocean has tides, seasons rotate, economies have cycles. Declines are the market’s breathing, not an end. By stockpiling in winter, you can grow in spring. Every trade reflects your way of thinking. The market is the most honest teacher; those who listen patiently will graduate. The four-hour Bollinger middle band alternates between yin and yang oscillations. A second test of the middle band support highlights its significance. The long lower shadow on the bearish candle confirms the exhaustion of the bears’ momentum, indicating a relatively strong market. On the one-hour chart, consecutive bearish candles followed by two bullish candles show a recovery. Bulls and bears are at a stalemate. The downward momentum has weakened, but buyers have not yet launched a decisive attack. Both sides are currently in a tug-of-war, and the future trend remains to be clarified. Overall, market sentiment is still cautious but has slightly improved. Technical patterns support a gradual accumulation at lower levels. During the night, consider waiting for the price to retrace to key support zones before entering long positions. The evening strategy mainly focuses on buying on dips. Bitcoin target range: 91,000–90,500, aiming for 93,500. Ethereum: around 3090–3140, with a target near 3300.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC January 7 Evening BTC/ETH Technical Analysis and Strategy
Investing is not just a numbers game; it is also a mental discipline. You are not predicting waves; you are learning to surf. The market is always volatile, not just daily ups and downs. The ocean has tides, seasons rotate, economies have cycles. Declines are the market’s breathing, not an end. By stockpiling in winter, you can grow in spring. Every trade reflects your way of thinking. The market is the most honest teacher; those who listen patiently will graduate.
The four-hour Bollinger middle band alternates between yin and yang oscillations. A second test of the middle band support highlights its significance. The long lower shadow on the bearish candle confirms the exhaustion of the bears’ momentum, indicating a relatively strong market. On the one-hour chart, consecutive bearish candles followed by two bullish candles show a recovery. Bulls and bears are at a stalemate. The downward momentum has weakened, but buyers have not yet launched a decisive attack. Both sides are currently in a tug-of-war, and the future trend remains to be clarified. Overall, market sentiment is still cautious but has slightly improved. Technical patterns support a gradual accumulation at lower levels. During the night, consider waiting for the price to retrace to key support zones before entering long positions. The evening strategy mainly focuses on buying on dips.
Bitcoin target range: 91,000–90,500, aiming for 93,500.
Ethereum: around 3090–3140, with a target near 3300.