Binance Square 8 AM Live Cryptocurrency Morning News
Cryptocurrency Morning News 🥇🥇🥇 2025-1-6
Bitcoin and Ethereum trend analysis, wealth codes, long and short ambush points…
BTC 4-hour K-line trend:
Resistance level: around 99463-101900
Support level: around 96813-97849
ETH 4-hour K-line trend:
Resistance level: around 3690-3763
Support level: around 3484-3547
Technical analysis:
1. Bitcoin's 4-hour K-line has slightly increased in volume (as of 7:24 AM), showing a bullish trend above the middle band of the Bollinger Bands;
2. Bitcoin’s small and medium cycles below 12 hours resonate with a bullish trend according to the Gubi trend indicator, the short-term strategy is to buy on dips;
3. Bitcoin's current 2-hour MACD indicator shows a water-like shape, indicating a need for a short-term price adjustment (the price is correcting near the resistance level of 98916 in the 1-hour price channel); once the price corrects to the small cycle 15-minute or 30-minute EMA60 moving average, Bollinger lower band, double bottom pattern, or important neckline support level, it is the best opportunity to enter long positions 🥰 (please set stop-loss, fasten your seatbelt, and take protective measures for the three strategies to avoid losses) {Contract Thinking};
Short-term trading mindset: If the price corrects to the important support levels mentioned above, you can open long positions with light positions {Spot Thinking};
Investment carries risks, and one should be cautious when entering the market; the above analysis is for reference only! You can also make corresponding layouts for altcoins based on Bitcoin's correlation effect!
A year's plan starts in spring 🌹
A day's plan starts in the morning 💰
Follow "Cryptocurrency Morning News" 🥇 to earn money easily while watching the market 🥰
Your “likes + follows” are my greatest encouragement, thank you!
#BTC
#ETH
#Market Trend
#Cryptocurrency Morning News
