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Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 1/27

2026-01-27 06:33:30
Shareshare
Afternoon Trading Suggestions and Future Trend Analysis for DaBingYiTaiFang: The current market is in a typical range-bound pattern, with prices fluctuating between support and resistance levels of 86074.72 and 90277.46. Technically, short-term momentum is strengthening, with the candlestick forming a bullish engulfing pattern and short-term moving averages trending upwards, indicating a potential short-term rebound. However, long-term moving averages are flattening, and the price remains below them, suggesting the trend is not yet fully clear, and the possibility of a false breakout should be noted. Furthermore, the contracting Bollinger Bands and neutral RSI further confirm the current market's lack of clear direction. Given the current range-bound market and the moderate resistance level of 90277.46, prices may face upward pressure in this area. The contracting Bollinger Bands and neutral RSI indicate a lack of breakout momentum; therefore, a strategy of selling on rallies is appropriate for the current market conditions. Therefore, the subsequent trading strategy is to focus on rebounds. For Bitcoin, consider buying around 88,500-89,000, with a target of 87,000-86,500. For Bitcoin, consider buying around 2,940-2,960, with a target of 2,880-2,850.
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