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1.12 Bitcoin and Ethereum Trend Analysis and Trading Strategy!

2026-01-12 08:13:30
Shareshare
On the daily chart, Bitcoin, after reaching the top of its trading range, faced pressure and fell back, closing with consecutive bearish candles to the middle before gradually rebounding. This confirms the validity of the current trading range. The top of the range is at 94500, the bottom at 84500, and the middle at 90000. Currently, after testing the middle support level, it has failed to break down. Ethereum also rose to the top of its trading range, faced pressure and fell back, closing with consecutive bearish candles to the middle before gradually rebounding. This confirms the validity of the current trading range. The top is at 3320, the bottom at 2770, and the middle at 3030. Testing the middle level also failed to break down. On the 4-hour chart, both Bitcoin and Ethereum tested the middle support levels of 90000 and 3030 before rebounding, demonstrating strong support. This also confirms the importance of the middle level in the previously analyzed trading range. Last week's trading strategy followed this approach: going long first and then shorting, resulting in considerable overall profits. Going forward, one can continue to go long based on the middle level. Trading Strategy: Bitcoin: Buy at 90500-91000, target 92000-93000, stop loss below 89500; Ethereum: Buy at 3100-3130, target 3180-3230, stop loss below 3050; Strategies are time-sensitive, please refer to the homepage for details, and private real-time guidance shall prevail!
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