Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 1.19

Bitcoin's current daily chart shows a continuous decline, forming consecutive bearish candlesticks, indicating strong downward pressure. The 4-hour chart shows a clear sharp drop with no significant rebound signal. The MACD is in negative territory, with both the DIF and DEA lines diverging downwards and the momentum bars deepening, indicating the market remains in a downtrend. Short-term charts show a bearish pattern, and the price has broken below all moving averages. The EMA7 is acting as resistance. Intraday, it is recommended to enter positions on rebounds, targeting Bitcoin around 93000-93500, with a target around 91500. For Ethereum, consider entering around 3220-3250, with a target around 3160. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.