Yueying: Bitcoin and Ethereum Market Analysis (January 18th), US Stocks Closed for Three Days, Weekend Briefing

Bitcoin's daily chart shows a volatile pullback, with consecutive small bearish candles. The opening price found support around the 7-day moving average. The Bollinger Bands are widening upwards, and short-term moving averages are extending upwards. The MACD fast and slow lines are above the zero line but show signs of turning downwards, with decreasing volume. The KDJ indicator is turning downwards, and the VR indicator is consolidating around 120. On the 4-hour chart, the price broke below the middle Bollinger Band and encountered resistance below it, maintaining a small range-bound movement. The Bollinger Bands are narrowing and flattening, and short-term moving averages show signs of turning downwards. The MACD fast and slow lines are extending downwards, with decreasing volume. The KDJ indicator is turning downwards, and the VR indicator is consolidating around 180. Overall, the price is in a range-bound pattern. Weekend liquidity is poor, and trading is thin, so a range-bound bias is maintained in the short term. Support is seen around the lower Bollinger Band on the 4-hour chart, while resistance is seen around the upper Bollinger Band. Short-term recommendation: Bitcoin short-term recommendation: Buy at 94600 (manage profits as needed). Ethereum's daily and 4-hour technical charts are also relevant for Bitcoin reference. The key short-term support level is around 3250. As long as this level holds on any pullback, a short-term rebound can be expected, with resistance around the previous high. Weekend trading requires more patience; please refer to short-term suggestions. Ethereum short-term suggestion: Buy 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!