Afternoon Trading Suggestions and Future Trend Analysis for Bitcoin (1/12): The current market exhibits a clear range-bound trading pattern, with prices fluctuating repeatedly between strong support and resistance levels of 90175.3 and 92488. Technically, the bullish alignment of moving averages and the recent golden cross create a bullish resonance, strengthening the trend signal. However, insufficient trading volume and the lack of confirmation of volume-price correlation limit the possibility of a price breakout. Simultaneously, a bullish engulfing pattern has appeared in the candlestick chart, suggesting a possible short-term rebound opportunity, but the effectiveness of this signal remains to be seen. Given the current range-bound market, with prices repeatedly encountering resistance near the strong resistance level of 92488 and insufficient trading volume to support a breakout, a strategy of selling on rallies is consistent with the characteristics of a range-bound market. Therefore, my later trading suggestion is to focus on rebounds. For Bitcoin, consider buying around 92500-93000, with a target of 91000-90500. For Bitcoin 2, consider buying around 3170-3190, with a target of 3080-3030.
Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 1/12
2026-01-12 04:21:35
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