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Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 1.17
The daily chart of Bitcoin shows that the current price peaks are gradually moving downward, forming a short-term correction trend. On the 4-hour chart, the price has been continuously oscillating downward from high levels, but overall it remains within a larger upward channel. The MACD histogram on the daily chart has shifted from positive to negative, indicating weakening bullish momentum. The 4-hour MACD fast and slow lines are diverging downward, with the bears gaining the upper hand. Currently, the price is trading between EMA7 and EMA30, with short-term moving averages turning downward. It is recommended to buy on dips at high levels for a rebound. On Saturday, with limited volatility, it’s better to take profits when the market looks good.
Reference: Enter positions around 95500 to 96000 for Bitcoin, targeting around 94500; for Ethereum, enter around 3300 to 3330, targeting around 3260. Market conditions are constantly changing. The article is time-sensitive. Friends entering the market should follow real-time guidance. #周末行情分析 #中文Meme币热潮 #GateLaunchpadIMU