Bitcoin and Ethereum have recently been fluctuating due to factors such as the Federal Reserve's policies, with intense battles between bulls and bears. Short-term direction will depend on Fed announcements and US initial jobless claims data. Technically, the daily chart shows resistance, the four-hour chart lacks upward momentum with a downward-sloping RSI, and the hourly chart shows selling pressure. Overall, the market is in a consolidation range with low volume. Key support levels are at 87000 and 2920. If these support levels hold, the market will likely continue its rebound. The next resistance level to watch is the recent daily highs; only a decisive break above this level will open up further upside potential. Trading suggestions: Buy Bitcoin around 87500-88000, with a target of 90000-91000; Buy Ethereum around 2940-2950, with a target of 3050-3100. A break above this level could lead to further gains towards 93000 and 3200. Daily analysis and strategies have a high success rate and are available for viewing. However, these analyses and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time updates.
Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (January 29th)
2026-01-29 05:43:11
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