January 6th Early Morning Bitcoin and Ethereum Trading Suggestions and Directions
Set sail with market sentiment as your sail, heading towards your inner harbor. Life is like the sea, and market sentiment is the wisdom of steering. Trust yourself, just like a captain trusts the compass. Those choices that make your heart race are the correct direction. Tonight's analysis is once again validated: pullbacks are buying opportunities at the bottom. As mentioned earlier, the multiple DAN still holds, and now that it has safely landed, we suggested entering around 92,400 for Bitcoin and placing a buy order. For Ethereum, around 3,150, with a simultaneous entry suggested. When the price stretches to around 93,800/3,200 tonight, consider exiting. Bitcoin and Ethereum have again gained over 1400/50 points of space. Old Zhao's direction has always been accurate. Don't fear slow progress, because migratory birds never calculate wind speed, and dandelions don't ask about the length of their journey. They know that if the direction is right, the wind will push you forward. From the current market situation, the 1-hour chart shows that tonight's price is beginning to rebound and stretch. It is currently near 93,800, with the overall price below the upper band. The strong bullish features are obvious. In the battle between bulls and bears, the bulls hold the advantage. The earlier mention that if a volume breakout above the upper band at 93,500 occurs, it could open up upward space, so follow the trend to go higher. The target is set for a higher range. Overall, adopt a sideways but slightly bullish approach, flexibly responding to market fluctuations. Currently, the price has broken through the previous resistance level, and the three upward channels continue to rise. The upward channel is opening, and recent trading volume has significantly increased compared to previous hours. Price and volume are rising in tandem, indicating active market conditions and strong upward momentum. Therefore, Old Zhao's midnight trading advice remains to focus on buying on dips. For Bitcoin, buy near 93,600 to 93,000, with attention to 95,000 (stop-loss set at the middle band). For Ethereum, buy near 3,180 to 3,150, with attention to 3,240.
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January 6th Early Morning Bitcoin and Ethereum Trading Suggestions and Directions
Set sail with market sentiment as your sail, heading towards your inner harbor. Life is like the sea, and market sentiment is the wisdom of steering. Trust yourself, just like a captain trusts the compass. Those choices that make your heart race are the correct direction. Tonight's analysis is once again validated: pullbacks are buying opportunities at the bottom. As mentioned earlier, the multiple DAN still holds, and now that it has safely landed, we suggested entering around 92,400 for Bitcoin and placing a buy order. For Ethereum, around 3,150, with a simultaneous entry suggested. When the price stretches to around 93,800/3,200 tonight, consider exiting. Bitcoin and Ethereum have again gained over 1400/50 points of space. Old Zhao's direction has always been accurate. Don't fear slow progress, because migratory birds never calculate wind speed, and dandelions don't ask about the length of their journey. They know that if the direction is right, the wind will push you forward.
From the current market situation, the 1-hour chart shows that tonight's price is beginning to rebound and stretch. It is currently near 93,800, with the overall price below the upper band. The strong bullish features are obvious. In the battle between bulls and bears, the bulls hold the advantage. The earlier mention that if a volume breakout above the upper band at 93,500 occurs, it could open up upward space, so follow the trend to go higher. The target is set for a higher range. Overall, adopt a sideways but slightly bullish approach, flexibly responding to market fluctuations. Currently, the price has broken through the previous resistance level, and the three upward channels continue to rise. The upward channel is opening, and recent trading volume has significantly increased compared to previous hours. Price and volume are rising in tandem, indicating active market conditions and strong upward momentum. Therefore, Old Zhao's midnight trading advice remains to focus on buying on dips.
For Bitcoin, buy near 93,600 to 93,000, with attention to 95,000 (stop-loss set at the middle band).
For Ethereum, buy near 3,180 to 3,150, with attention to 3,240.