Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 1.21

Last night, the strategy was to enter on dips at low levels. Bitcoin and Ethereum broke below the key support levels of 89,500 and 3,050, resulting in losses and exit. The daily chart of Bitcoin shows a clear downward trend. In the 4-hour cycle, recent candlesticks have been consecutively bearish with lower lows. However, there are signs of a slight rebound. MACD is below the zero line, with DIF and DEA diverging downward. The momentum remains dominant, RSI is approaching the oversold zone, indicating a rebound demand. It is recommended to buy on dips within the intraday pullback.

For reference, consider entering around 88,500 to 89,000 for Bitcoin with a target of about 91,500; for Ethereum, consider entering around 2,930 to 2,960 with a target near 3,050. Market conditions are constantly changing. The article is time-sensitive. Friends who enter 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 #GateLaunchpadIMU