1.21 Wednesday Latest Bitcoin and Altcoin Strategies

Yesterday, our Duodan strategy worked well during the US stock market opening hours, and the volatility also improved. However, at 6 a.m. today, a retracement wave forced us to cut positions, but the space was limited. Tonight, we will continue to focus on the stone plate. Apologies if we cannot update in time!

Currently in a retracement phase, but the overall upward pattern remains intact, and there is still momentum for a rally. From the candlestick structure, the previous high point has pulled back, forming a clear downward channel; however, a long lower shadow appeared on the hourly chart, indicating support strength is beginning to show.

Technical analysis: The 4-hour MACD shows that the DIF and DEA lines are still in the negative zone and continue to decline, indicating that the bearish force temporarily dominates the market; but it is worth noting that the short-term MACD green bars are shrinking, which means bearish momentum is weakening. Meanwhile, the 4-hour RSI is hovering around 25, approaching the oversold threshold, and a technical rebound is building up.

Bitcoin 88450-89100, →91000-92500;
Altcoin 2900-2930, →3050, 3120.

Personal opinion, for reference only, not investment advice!

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