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$BTC January 13 Morning BTC/ETH Technical Analysis and Operations
The market is never short of opportunities; what’s lacking is capital. When the market is uncertain (such as during this consolidation phase), staying on the sidelines is not cowardice but the highest form of defense. It’s better to miss out on a big uncertain move than to blindly enter the market in the fog. Patience is your most powerful compound interest.
The 4-hour chart shows a oscillating upward trend. After rebounding from the previous low of 89,311, the price gradually broke through various moving averages. The bullish trend is clear, but attention should be paid to the breakout of resistance levels above. Recently, trading volume has significantly increased, and the volume of bullish candles exceeds that of bearish candles, indicating active buying interest. The upward movement is supported by volume, making it more effective.
Trading suggestions:
Bitcoin around 9100-90500, target near 92500
Ethereum around 3050-3000, target near 3200