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1.22 Thursday Bitcoin and Ethereum afternoon split,
From the 4-hour cycle observation, the market shows two small bullish candles, and the Bollinger Bands display convergence characteristics, indicating that the short-term consolidation pattern may continue; within the 1-hour cycle, it is operating above the middle Bollinger Band, with the middle band providing short-term support and the upper band forming resistance. The Bollinger Bands are showing an upward trend, and the short-term upward trend is clear. On the technical level, key moving averages have been broken through, with stable buy-in during the pullback phase, solid technical structure, and fluctuations within the channel. The lower band support remains intact.
Bitcoin around 89600 looking at 91000
Ethereum around 2980 looking at 3100
#BTC #ETH #BNB