Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 1.26

Bitcoin's current price is fluctuating around 88,000. After a significant drop, it rebounded and is currently showing a slight upward trend. The daily chart shows a long lower shadow candlestick, indicating some buying support at lower levels, but upward pressure remains. On the 4-hour chart, both the DIF and DEA are negative, and the MACD histogram is shortening, indicating weakening upward momentum and a potential reversal. The current price is close to the EMA7 but far below the EMA30 and EMA120, indicating short-term weakness and continued pressure in the medium to long term. Intraday trading is recommended to enter positions on rebounds. Specifically, for Bitcoin, consider entering around 88,200 to 88,800, with a target of around 86,500; for Ethereum, consider entering around 2920 to 2950, with a target of around 2820. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.