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1.16 Friday Bitcoin and Ethereum Evening Analysis
Observing the four-hour chart, after a pullback confirming the support level, it turned into a continuous bullish upward trend. The middle band of the Bollinger Bands continues to form effective support, which gradually rises with the price. This not only limits the downward space for the bears but also provides a solid foundation for the bulls' rebound. As long as this support line is not broken, the overall upward trend is expected to continue.
Bitcoin around 94800 looks at 97000
Ethereum around 3270 looks at 3400