1.29 Thursday Bitcoin and Ethereum Morning Analysis
From a short-term technical and market sentiment perspective, Bitcoin shows a certain upward trend. The short-term rebound trend is in a critical brewing stage. At the same time, the middle band of the Bollinger Bands provides effective support, and after the rebound, the price is moving between the middle and upper bands. The narrow range oscillation is gradually breaking the balance between bulls and bears, indicating that the upward momentum is strengthening.
Bitcoin around 89,000 looks to 90,500
Ethereum around 2,980 looks to 3,100
#BTC #