Friday🗓️ "January 16th"



The crypto world has no wasted efforts; every fluctuation is a prelude to wealth.

In the wave of the crypto market, there has never been a smooth and easy path, but every patient wait and decisive action are building your confidence to navigate through bull and bear markets. Those temporary pullbacks are not the end but signals for you to get in more precisely; hold onto your inner conviction, and the flowering of wealth will eventually come to you.

Yesterday, Ziqing preemptively predicted the short-term resistance and pullback of the market, not fooled by the false impression of a surge. When Bitcoin's price broke below the 96000-95500 range, she decisively suggested entering the market, adhering to the trading principle of "not greedy for more, not eager to fight," steadily capturing the benefits of this pullback, once again verifying her precise grasp of the market rhythm.

From a technical perspective, currently Bitcoin🫓 price is oscillating within a narrow range around 95300, forming a converging triangle at high levels. The bulls and bears are temporarily balanced. The moving averages are still above the 5-day MA, but the 10-day MA is beginning to flatten, indicating weakening short-term upward momentum. The Bollinger Bands are narrowing, with the upper band resistance at 97500-98000, and the lower band support at 94000-94500, signaling that a new round of directional choice is approaching (Ethereum is syncing with Bitcoin🫓 rhythm, requiring joint observation of the overall framework).

Today's strategy is mainly to sell high and buy low:
BTC🎯 94800-95000 buy Target at 96500, after breaking 97000, watch for 98000 $BTC

ETH🎯 3260~3290 buy Target at 3360, after breaking, watch for 3400~3450 $ETH

May every decision you make in the crypto world be rational, and may every persistence bring echoes. The weekend is approaching—wishing all crypto friends a long-lasting account, doubled profits, and a steady grasp of every wave in the new year!💰✨
BTC-1,72%
ETH-1,16%
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