1.22 Afternoon Bitcoin and Ethereum Trading Suggestions and Directions

From the current market situation, Bitcoin and Ethereum are in a consolidation phase. Currently, they are fluctuating narrowly between 89,500 and 90,000. On the 4-hour chart, the market shows two bullish candles with signs of convergence, indicating a potential continuation of consolidation in the short term. On the 1-hour chart, Bitcoin is trading above the middle band, which, together with the upper band, forms short-term support and resistance levels. There are signs of upward movement, indicating a short-term upward trend. The technical analysis shows that Bitcoin has broken above key moving averages, with each pullback being supported by stable buying interest. The technical pattern is solid. In the short term, Bitcoin is oscillating within the channel without breaking the lower support band. MACD indicator: DIF and DEA form a golden cross, with a histogram value of 329.9. Short-term momentum is slightly bullish. Therefore, the afternoon trading strategy is to continue with the morning approach, mainly buying on dips.
Buy near 89,500 to 90,000 for Bitcoin, watch for 91,500.
Buy near 3,030 to 3,000 for Ethereum, watch for 3,100.
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