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Good morning on January 17th. The temperature has dropped in recent days, everyone please keep warm~
BTC (Bitcoin) Analysis
Bitcoin is currently in a healthy technical correction cycle. During the price decline, multiple lower shadows appeared, indicating strong support from buy orders at lower levels. The correction has remained within a controllable range. The low point of the previous large bullish candle forms a key support level. As long as the price does not break below this level, the overall upward trend will not be disrupted. The current sideways consolidation is essentially building momentum for the next wave of gains. On the hourly chart, the previous overbought pressure has been released, short-term price fluctuations have narrowed, and the upward trend line remains intact.
BTC (Bitcoin) Strategy
Direction: Long
94500 - 95100
Target: 96800 - 97300
ETH (Ethereum) Strategy
Direction: Long
3220 - 3250
Target: 3300 - 3330
Risk Control: Protect below 3180#中文Meme币热潮