2026-01-22 08:19:36

January 22nd, Thursday Bitcoin and Ethereum Afternoon Market Analysis

From the four-hour timeframe, two small bullish candles are rising sequentially, and the Bollinger Bands are contracting, indicating that short-term consolidation may continue; switching to the one-hour cycle, the price is trading above the middle band, with medium-term support quite strong. The upper band shows clear resistance, and the entire Bollinger Band is opening upward, making the short-term upward trend quite clear.

From a technical perspective, key moving averages have already been broken, and each pullback is met with buying interest. The structure looks good, oscillating within the channel, with the bottom support intact and unbroken.

Price outlook:
Bitcoin is in the 89,600 range, with attention on the 91,000 level above.
Ethereum is trading around 2,980, with a top near 3,100.

BTC0,35%

ETH-0,1%

BNB0,53%

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SelfSovereignSteve

· 01-25 04:58

It's the Bollinger Bands contracting again, and buy orders catching up. I'm tired of hearing this stuff, bro.

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NightAirdropper

· 01-24 16:09

The Bollinger Bands are shrinking again, and this wave will still be volatile. Let's wait for a breakthrough of 91k before making any moves.

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DeFiCaffeinator

· 01-22 08:48

The Bollinger Bands are tightening like this; we just have to wait and see if it can break through 91k.

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MysteriousZhang

· 01-22 08:45

The Bollinger Bands are tightening and still need to consolidate. This pace is a bit exhausting.

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bridge_anxiety

· 01-22 08:43

Still fluctuating, when will it break out in a straight line?

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OnchainArchaeologist

· 01-22 08:35

Bollinger Bands are contracting again and need to consolidate. This wave is a bit exhausting. --- Wait, did it really break through or is it just a fake? Every time they say buy orders are catching up, but then it crashes down. --- Is 91000 going to break or not? That's the key. Anything else I say now is pointless. --- Is the bottom support intact? Ha, I said the same thing last time. --- If 3100 really gets touched, I’ll eat my keyboard live on stream. --- Short-term upward momentum is clearly a joke; it's a complete green mess. --- Moving average breakout and then retesting, I’m done. --- Still analyzing charts here? Might as well wait until a breakout happens before talking.

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BottomMisser