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#数字资产动态追踪 Market Review for the Evening of January 6
The bullish strategy I previously suggested has been validating quite smoothly. On the daily chart, after the candlestick broke above the upper band, it closed with a solid bullish candle. The early morning pullback was minor, followed by sideways movement. The Bollinger Bands opened upward, and the short-term moving averages also trended higher. The MACD fast and slow lines crossed above zero and continued upward. Trading volume kept expanding, but the KDJ encountered resistance near 100 and started turning down, while the VR indicator hovered around 90.
Switching to the 4-hour chart, the market still shows a sideways upward trend. After reaching the upper band resistance, it pulled back slightly. Although the Bollinger Bands are moving upward, signs of narrowing have appeared. The short-term moving averages remain in a bullish alignment, but the MACD fast and slow lines have turned downward, and the volume bars have decreased accordingly. The KDJ formed a death cross and is heading down, while the VR hovers around 260. Overall, the pattern remains predominantly bullish with sideways consolidation; the previous high points as resistance have not been invalidated. 95,000 is a key level to watch above; if it can break and hold, the target could extend toward 97,000. The support level is around the middle Bollinger Band on the 4-hour chart.
Ethereum is no exception. The previous short position at 3266 proved effective as well, with the market retracing without major issues. The technicals are generally moving in tandem with Bitcoin, with short-term resistance at the EMA200. As long as this line isn’t broken, further retracement is possible. Support is at the horizontal level of the pin bar on the 4-hour chart, which coincides with the middle Bollinger Band.
**Trading Recommendations:**
Bitcoin 92100-93100 Bullish, target 94700-95700
Ethereum 3160-3200 Bullish, target 3280-3320
$BTC $ETH