# eTh

1.22 Thursday Bitcoin and Ethereum afternoon split,
From the 4-hour cycle observation, the market shows two small bullish candles, and the Bollinger Bands display convergence characteristics, indicating that the short-term consolidation pattern may continue; within the 1-hour cycle, it is operating above the middle Bollinger Band, with the middle band providing short-term support and the upper band forming resistance. The Bollinger Bands are showing an upward trend, and the short-term upward trend is clear. On the technical level, key moving averages have been broken through, with stable buy-i

1.21 Wednesday Bitcoin and Ethereum Afternoon Analysis
Bitcoin daily chart shows a significant downward trend, with 4-hour candlestick charts continuously closing lower and lows steadily decreasing. Although there are signs of a slight rebound, the MACD indicator remains below the zero line, with DIF and DEA diverging downward, indicating that bearish momentum continues to dominate the market; the RSI indicator is approaching the oversold zone, suggesting a short-term rebound possibility.
Watch around 88,000 near 89,500 for Bitcoin
Watch around 2,850 near 2,980 for Ethereum
#BTC #ETH #BNB

Wednesday, 1.21 Bitcoin and Ethereum Morning Analysis
Bitcoin has effectively broken below the key support level of 90,000, further declining to around 87,800. Current technical indicators show a clear bearish dominance, with a significant bearish candle closing on the daily chart, and all moving averages across different timeframes displaying a bearish alignment. The 4-hour chart indicates an accelerated downtrend, with strong downward momentum and a lack of effective support levels below. Based on this market structure, it is recommended to maintain a short trading strategy.
Bitcoin around 8