mt logoMyToken
ETH Gas15 Gwei ($0.98)
EN

Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 1.12

2026-01-12 06:05:48
Shareshare
Bitcoin and Ethereum have recently retraced and then rebounded multiple times, showing decent overall upside potential. Bitcoin's daily chart shows consecutive bullish candles, indicating a short-term rebound trend. On the 4-hour chart, the price action shows a clear bullish reversal after the previous decline, with higher highs. The daily MACD histogram has turned positive, indicating strengthening bullish momentum. The 4-hour chart shows the DIF crossing above the DEA, forming a golden cross, further confirming the bullish signal. Both the EMA7 and EMA30 are trending upwards, and the price is trading above all moving averages, indicating strong short-term support. Intraday trading is recommended to buy on dips. Specifically, for Bitcoin, buy around 91000-91500, with a target of around 93500; for Ethereum, buy around 3100-3140, with a target of around 3220. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact