2026-01-20 01:56:36

Yesterday, the US stock market was closed, market liquidity was relatively tight, and the overall trend remained narrow-range fluctuations. Both Bitcoin and Ethereum experienced synchronized pullbacks, with Bitcoin dipping to around 92,100, and Ethereum following the weakness!

From the current market perspective, the four-hour Bollinger Bands are gradually tightening and stabilizing, with prices repeatedly gathering strength around the midline. The bulls and bears are in a stalemate. The moving average system is converging significantly, providing effective support for the current price, while multiple momentum indicators have rebounded from the weak zone, signaling stabilization. Short-term downward pressure has eased. Considering the current market structure, the main strategy is to look for low rebounds to go long on dips!

Bitcoin retraced to around 92,300-91,500, with potential to rise to 93,800-95,300. If broken, it could trend upward toward 96,300.

Ethereum retraced to around 3,170-3,120, with potential to rise to 3,270-3,350.

BTC-3,72%

ETH-7,15%

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