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January 15th, Thursday Morning BTC/ETH Market Analysis
Last night, the coin price surged and then slightly pulled back, followed by a rapid rebound, reaching around $98,000 at one point, then beginning to fluctuate widely. The long positions we established in the evening also took profits through several waves.
From the market perspective, the bullish momentum of Bitcoin has eased compared to yesterday, but the overall price still remains firmly within the upward channel, and the daily chart structure remains solid. Currently, there are no heavyweight news to disrupt the market, so we continue to maintain a bullish outlook. During the daytime, the market is likely to continue oscillating and gathering strength, with the trading strategy being to buy on dips and seize short-term opportunities.
Specific recommendations:
Buy Bitcoin in the range of 96,100-96,600, with a target of 98,900
Establish long positions on Ethereum in the range of 3,310-3,330, aiming for a breakout to 3,470