#Strategy加仓BTC January 14 Afternoon Bitcoin and Ethereum Market Overview and Trading Tips
From the 4-hour chart, $BTC has broken through the previous high of 96,800 and is currently oscillating around 95,000. The market remains in an upward cycle with a clear series of consecutive bullish candles. Regarding MACD, the DIF and DEA lines maintain a golden cross, and the histogram continues to be positive with volume support, indicating that the bullish momentum has not yet weakened.
However, it is important to note that the 96,800 level still presents significant resistance. If it cannot be broken through, a double top pattern may form. From the candlestick pattern, Bitcoin shows a long upper shadow after a rally, and the KDJ indicator has entered the overbought zone, with signs of divergence between price and volume. These signals suggest a possible pullback for correction.
In the short term, 93,000 is a strong support level, likely serving as a rebound springboard.
**Afternoon Trading Strategy**: Focus on buying opportunities near support levels and look for rebounds below resistance.
$BTC can be considered around 95,000-95,500, with key support at 94,000-93,500. For $ETH, consider long positions around 3,340-3,360, but be cautious if it falls below 3,250-3,200.
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SelfSovereignSteve
· 5h ago
If 96,800 can't be broken, you really need to be cautious. Is a double top coming? Or does the main force just want to shake out the traders? Who knows...
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HappyMinerUncle
· 5h ago
Breaking 96,800 is really hard to double top. I'm currently debating whether to buy the dip around 94,000. Feeling exhausted.
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ChainPoet
· 5h ago
96800 can't break through, feels like this wave is going to crash, double top is really annoying.
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blocksnark
· 5h ago
If it can't break through 96,800, then it's really a bit uncertain. I've seen the double top pattern too many times.
#Strategy加仓BTC January 14 Afternoon Bitcoin and Ethereum Market Overview and Trading Tips
From the 4-hour chart, $BTC has broken through the previous high of 96,800 and is currently oscillating around 95,000. The market remains in an upward cycle with a clear series of consecutive bullish candles. Regarding MACD, the DIF and DEA lines maintain a golden cross, and the histogram continues to be positive with volume support, indicating that the bullish momentum has not yet weakened.
However, it is important to note that the 96,800 level still presents significant resistance. If it cannot be broken through, a double top pattern may form. From the candlestick pattern, Bitcoin shows a long upper shadow after a rally, and the KDJ indicator has entered the overbought zone, with signs of divergence between price and volume. These signals suggest a possible pullback for correction.
In the short term, 93,000 is a strong support level, likely serving as a rebound springboard.
**Afternoon Trading Strategy**: Focus on buying opportunities near support levels and look for rebounds below resistance.
$BTC can be considered around 95,000-95,500, with key support at 94,000-93,500. For $ETH, consider long positions around 3,340-3,360, but be cautious if it falls below 3,250-3,200.