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Cryptocurrency Morning News 🥇🥇🥇2025-1-1

Analysis of Bitcoin and Ethereum trends, wealth codes, long and short ambush points...

BTC 4-Hour K-Line Trend:

Resistance Level: Around 95504～97242

Support Level: Around 90555～92525

ETH 4-Hour K-Line Trend:

Resistance Level: Around 3445～3508

Support Level: Around 3258～3308

Technical Analysis:

1. Bitcoin's 4-hour K-line is in a shrinking decline (as of 7:22 AM), after a volume increase to around 96250 yesterday, it was strongly suppressed by the 🈳 army leading to a price correction. It is currently still oscillating at a high position in a wedge channel, please note that the lower support level of the channel is around 90555~92525;

2. The trend indicators for Bitcoin under the 12-hour mark are resonating with the 🈳 trend, and we expect the price to continue to look 🈳 in the future. The short-term trading strategy is to go short on rallies 🈳;

3. The 3-hour and 4-hour K-line forms a diving dragon pattern, and we expect the price to continue to decline. The short-term strategy is to go short on rallies 🈳. Once the price rebounds to the small cycle 30 minutes, 1 hour EMA60 moving average, Bollinger upper band, double top pattern, or important neckline resistance level, it will be the best opportunity to enter 🈳 positions 🥰; if a bottom divergence pattern appears in the small cycle of 15 minutes and 30 minutes, you can also consider light positions for long trades to gain short-term profits – the principle is to enter and exit quickly 🥰 (please set a stop loss, fasten your seatbelt, and take protective measures for the three strategies to cut losses) {Contract Thinking};

Short-term trading thinking: If the price pulls back to the important support levels marked above, you can set light positions for long trades {Spot Thinking};

Investing involves risks, and one should be cautious when entering the market. The above analysis is for reference only! You can also make some corresponding arrangements in altcoins based on Bitcoin's correlation effect!

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