Gu Jingci: 1.26 Bitcoin/Ethereum retracement long position take profit, retracement continues to go long

Bitcoin/Ethereum early trading again set up long positions around 87300 and 2840 to 2860. The market has been oscillating and rising to around 88300 and 2930. The overall space is quite good. Currently, the market has pulled back, with prices continuously falling from high levels recently, but there are signs of support near the previous lows of 86000 and 2770 on the daily chart. The eight-hour Bollinger Bands are beginning to narrow at the extreme, with support also moving upward. The four-hour RSI has rebounded from the oversold zone, and the MACD green bars are narrowing, indicating a short-term need for correction. The daily chart has also stabilized somewhat, and the trend is turning. Once a valid breakthrough of 89500 and 2950 occurs, the upward space will open.

Evening operation suggestions: Continue to go long around 86800 to 87300 for Bitcoin, targeting around 89000 to 90000; go long around 2850 to 2870 for Ethereum, targeting around 2950 to 3000. Breakout targets are around 91500 and 3080.

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