Yueying: Bitcoin and Ethereum Market Analysis (January 15th) - Whether the Structure Can Completely Reverse Hinges on 98K; Short-Term Suggestions Included

On the daily chart, Bitcoin's previous candlestick closed positive, breaking through the upper Bollinger Band. Intraday trading saw consolidation around the upper band. The Bollinger Bands are widening, short-term moving averages are turning upwards, the MACD fast and slow lines are extending upwards with increasing volume, and the KDJ is crossing upwards, with resistance around the 100 level. The VR indicator is consolidating around 120. On the 4-hour chart, after reaching a new high, the price closed with a bearish candlestick with an upper shadow, retracing and consolidating. Currently, it is finding support around the 7-day moving average. The Bollinger Bands are widening, short-term moving averages are trending upwards, the MACD fast and slow lines continue to extend upwards but show signs of turning downwards with decreasing volume, the KDJ is crossing downwards, and the VR indicator is consolidating around 350. Overall, the market continues to maintain a bullish structure, but there is a key resistance level around 98000. If the price can break through this level, it will completely reverse and continue the bullish trend; otherwise, there will be another pullback. Short-term support is seen around the middle Bollinger Band on the 4-hour chart, above 94000. This is for short-term trading advice. Bitcoin short-term trading suggestions: Short at 98100, Long at 94800. Ethereum's price action yesterday encountered resistance around 3403 and retraced, falling more than 20 dollars short from the previously mentioned short entry point. The long entry was also slightly off by a few dollars, not perfectly precise, but the short-term strategy was correct. The daily chart is currently testing the EMA200 area, which is resistance. If it can stabilize, the previous high will be the next level to watch. The four-hour chart shows a slightly larger retracement compared to Bitcoin, but this is still within expectations. In the short term, continue to watch the support around 3250. The overall technical analysis should be referenced in conjunction with Bitcoin. Ethereum short-term trading suggestions: Short at 3430, Long at 3288 (Click the image to see the homepage introduction for more cryptocurrency analysis) — I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!