1.10 Early Morning Bitcoin and Ethereum Operation Suggestions and Direction Update

The evening news had one positive and one negative factor, which had minimal impact on the overall market. However, after the US stock market opened, there was a certain rebound and extension. After the deep pullback yesterday during the day session to around the 89600 level, continuous range-bound consolidation and correction occurred. A strong rebound appeared at midnight close, forming consecutive large bullish candles, touching the 92000 level with pressure, currently oscillating around 91500. The Bollinger Bands show an open state, with the price pulling back slightly after breaking through the upper band, indicating strong short-term bullish momentum with short-term pullback pressure. From the MACD indicator: DIF and DEA form a golden cross below the zero line and are turning upward, MACD histogram turned from negative to positive, mid-to-long-term trend leans bullish. It's worth noting that trading volume significantly increased during the rebound process, indicating active entry and supporting the current uptrend in the short term. Overall, we're in the first pulling phase after breaking below the 90000 level. If the 90000 support can be held, then it will likely maintain range-bound upward movement. Therefore, Lao Zhao's early morning operation suggestions are mainly to adopt a low-buy high-sell strategy:

BTC (Big Pizza): Can go long around 91500-91000, watch 93000
ETH (Second Pizza): Can go long around 3130-3100, watch 3200 #BTC #ETH