This morning, Bitcoin and Ethereum generally showed weak performance, with narrow-range fluctuations. The Bollinger Bands are narrowing, and the price remains below the upper band and the pressure zones formed by various moving averages. Attempts to break higher have not been successful.
Looking at the technical indicators, it's quite interesting — although MACD has completed a golden cross above the zero line and volume has increased, the price has been consolidating and showing signs of stagnation. This divergence is quite obvious. The RSI indicator is also turning downward, approaching the oversold level at 30, indicating that the bullish momentum is weakening.
Overall, the trading strategy for the morning is mainly to short on rallies. The key is to watch whether the support levels below are effectively broken, as this will be crucial for judging the next market direction.
Specifically, for price levels: $BTC is around 93,000-93,500, with support at 91,900-91,100. $ETH is around 3,220-3,240, with support at 3,170-3,140.
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DaisyUnicorn
· 8h ago
Another divergence signal, huh? Why is this little flower drooping? The MACD shows a golden cross but no rise. It seems I need to cut some impatient expectations.
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SingleForYears
· 8h ago
The golden cross divergence trick is back again. Every time, it says it will break through, but it just consolidates sideways. I really can't hold on anymore.
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GateUser-5854de8b
· 8h ago
Once again, this kind of divergence market appears. The bulls are really out of strength... Selling on rallies is the way to go.
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VitaliksTwin
· 8h ago
Another one of these deceptive golden cross signals. I want to curse after seeing it.
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MetaNeighbor
· 8h ago
It's that tug-of-war again... BTC is still dragging on there, it seems like we have to wait for a breakdown to clearly see the direction.
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NotGonnaMakeIt
· 8h ago
Another divergence signal. Will it break through this time? Feels like the bulls really have no strength left.
#数字资产市场动态 Tuesday, January 20 Morning Follow-up
This morning, Bitcoin and Ethereum generally showed weak performance, with narrow-range fluctuations. The Bollinger Bands are narrowing, and the price remains below the upper band and the pressure zones formed by various moving averages. Attempts to break higher have not been successful.
Looking at the technical indicators, it's quite interesting — although MACD has completed a golden cross above the zero line and volume has increased, the price has been consolidating and showing signs of stagnation. This divergence is quite obvious. The RSI indicator is also turning downward, approaching the oversold level at 30, indicating that the bullish momentum is weakening.
Overall, the trading strategy for the morning is mainly to short on rallies. The key is to watch whether the support levels below are effectively broken, as this will be crucial for judging the next market direction.
Specifically, for price levels: $BTC is around 93,000-93,500, with support at 91,900-91,100. $ETH is around 3,220-3,240, with support at 3,170-3,140.