Overnight, Bitcoin bulls surged strongly, breaking through previous resistance levels in one move. Bitcoin rallied to around 96,600 before encountering resistance and pulling back. Currently, it is consolidating around 95,200; Ethereum also moved upward, reaching a high of 3,383, with a clear and strong upward momentum. Technically, Bitcoin's daily chart shows a large bullish candlestick that directly breaks through the upper Bollinger Band, highlighting the short-term dominance of the bulls.
On the 4-hour chart, consecutive bullish candles form a strong bullish arrangement, with the Bollinger Bands opening outward and the upward channel fully opened. The MACD indicator in the sub-chart shows a golden cross moving upward, with red bars continuously expanding. All technical signals point to the establishment of a bullish trend, and pullbacks are good entry opportunities.
Bitcoin Trading Suggestions: Consider buying on pullbacks around 95,000-94,200, with targets near 96,300-98,000.
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January 14 Bitcoin Post-Event Strategy
Overnight, Bitcoin bulls surged strongly, breaking through previous resistance levels in one move. Bitcoin rallied to around 96,600 before encountering resistance and pulling back. Currently, it is consolidating around 95,200; Ethereum also moved upward, reaching a high of 3,383, with a clear and strong upward momentum. Technically, Bitcoin's daily chart shows a large bullish candlestick that directly breaks through the upper Bollinger Band, highlighting the short-term dominance of the bulls.
On the 4-hour chart, consecutive bullish candles form a strong bullish arrangement, with the Bollinger Bands opening outward and the upward channel fully opened. The MACD indicator in the sub-chart shows a golden cross moving upward, with red bars continuously expanding. All technical signals point to the establishment of a bullish trend, and pullbacks are good entry opportunities.
Bitcoin Trading Suggestions: Consider buying on pullbacks around 95,000-94,200, with targets near 96,300-98,000.