From a technical perspective, the KDJ three lines are below 50 in the low zone, with the J line leading the turn downward, indicating that the short-term upward momentum is weakening; the MACD green bars are shortening and turning red, suggesting initial relief for the bears, but trading volume has not significantly increased. Overall, the market is in a consolidation phase, and after the correction, a rebound is expected. In the early session, it is recommended to focus on important support levels, with a primary strategy of buying on dips after pullbacks.
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1.12 Monday Morning BTC/ETH Silk Sharing
From a technical perspective, the KDJ three lines are below 50 in the low zone, with the J line leading the turn downward, indicating that the short-term upward momentum is weakening; the MACD green bars are shortening and turning red, suggesting initial relief for the bears, but trading volume has not significantly increased. Overall, the market is in a consolidation phase, and after the correction, a rebound is expected. In the early session, it is recommended to focus on important support levels, with a primary strategy of buying on dips after pullbacks.
Buy within the 90000-90600 range for Bitcoin, target 92900
Buy within the 3080-3100 range for ETH, target 3240
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