Bitcoin is currently exhibiting a weak rebound pattern after a significant pullback. On the 4-hour candlestick chart, a slight rebound occurred after the previous sharp drop, but the highs are gradually decreasing, and it remains in a downtrend in the short term. The MACD continues to run below the zero line, with both DIF and DEA values being negative, indicating that the bullish momentum is dominant, but the shortening of the green bars suggests weakening downward momentum. The current price is above the EMA7 but below the EMA30 and EMA120, providing some short-term support. Intraday, it is recommended to enter long positions on pullbacks, specifically around 89,000 to 89,500 for Bitcoin, with a target of around 91,000; and around 2960 to 2990 for Ethereum, with a target of around 3060. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.
Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 1.22
2026-01-22 06:30:31
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