1.7 Tuesday Morning Market Analysis and Trading Suggestions

Bitcoin rose last night to 102400, maintaining a range fluctuation around 101500-102300. Currently, it is near 102000.

Ethereum rose to around 3740 after climbing to about 3620 last night, then retraced to around 3650 before bouncing back to about 3700, currently at around 3675.

From a four-hour structure perspective, Bitcoin has an increase in bullish momentum, operating above the upper track, with attention on the upper level around 104000 and the lower level around 100500. From a one-hour structure perspective, Bitcoin has a decrease in bullish momentum, with attention on the upper level around 103100 and the lower level around 100900.

Trading Suggestions

Buy Bitcoin on a pullback near 101612-101196, aiming for around 102800-103000.

Buy Ethereum on a pullback near 3660-3640, aiming for around 3710-3740.