January 3rd, Friday's Bitcoin and Ethereum Latest Trading Strategy:
Looking at the 1-hour chart, the Bollinger Bands show a steady upward trend, with prices fluctuating and climbing close to the upper band.
Despite several attempts to break upwards during this period, they have all faced strong resistance and failed to form an effective breakout, indicating a short-term buildup still in progress.
From the 4-hour chart, the market shows a steady trend with a strong bullish candle followed by a small bearish candle, forming a healthy consolidation pattern. The MACD indicator's dual lines have crossed above the zero line and continue to rise, suggesting ample bullish momentum with no signs of weakening. Therefore, we will adopt a low-buy strategy for positioning.
Bitcoin Trading Strategy:
Buy around the 97000-96500 range, aiming for 98500-99000.
Ethereum Trading Strategy:
Buy around the 3450-3420 range, aiming for 3530-3570.