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#Strategy加仓BTC Evening Market Analysis on January 14
Bitcoin's recent movement is quite interesting. The big bullish candle on the daily chart yesterday directly broke the previous high, encountering resistance near the upper band. Today, the opening saw prices oscillating at high levels. The Bollinger Bands are not opening widely, short-term moving averages are beginning to turn upward, and the MACD fast and slow lines are climbing while volume has increased. The KDJ is crossing upward and extending further, and the VR indicator is hovering around 100.
Switching to the 4-hour chart, after forming a bottom at the low point, several bullish candles have been consecutively formed, temporarily breaking through the upper band. However, it then pulled back and started to adjust. The Bollinger Bands are now expanding in a trumpet shape, the moving average combination is still upward, and although the MACD fast and slow lines continue to rise, the volume bars are shrinking. The KDJ encountered resistance near 100 and turned downward, while the VR is oscillating around 350.
Overall, this round of market movement has lasted about 4 days, finally completing the bottom formation. Now it is starting to surge higher and break previous highs. The technical outlook is quite bullish, but the resistance above cannot be ignored. The key is whether it can hold steady and break through. If it goes up and then falls back, this rally will lack sustainability, and likely there will be a back-and-forth tug-of-war. In the short term, focus on the recent high points, and then watch the 98,500 level. Support below is around 93,000; if broken, it may fall back to 91,000.
Ethereum's rhythm is similar to Bitcoin. The daily chart also shows a large bullish candle breaking previous highs. The technical approach can follow Bitcoin's logic. Support first looks at around 3,200; if it can hold, there’s still a chance to continue upward. If it breaks below, it might be a false move, and the price could return to the previous range repeatedly. Resistance above references the high on December 11. The short-term strategy remains unchanged; if the market breaks down, further notice will be given.
**Current Recommendations:**
$BTC Enter at 93,200-94,200 → Target 95,800-96,800
$ETH Enter at 3,210-3,250 → Target 3,330-3,370