Maple looks at the trend: 1/7 market intraday movement interpretation and operational ideas

Bitcoin is currently stabilizing above 100,000, while Ethereum appears slightly sluggish, with the current pullback sentiment returning to around 3,650 (I personally estimate it is still testing the elasticity of the resistance level). Considering that Bitcoin is still performing very strongly, while Ethereum remains so low without showing signs of a rebound, there are only two possible scenarios: the former is that Ethereum's short-term fluctuation ends and starts to rebound; the latter is that Bitcoin continues to rise and completes its movement, followed by a resonant decline with Ethereum (currently, from the perspective of the major weekly chart about to break the MA5 level, the market's larger scale is still relatively active, so I personally believe the former scenario is obviously more likely).

From the daily chart perspective, the current market KDJ and MACD are still maintaining a golden cross and an upward oscillation posture, and the BOLL upper band has shown a slight opening compared to yesterday (although the current opening is not large, at least the market has shown positive signals). Currently, it is estimated that the short-term will still be more sideways oscillation, because the BOLL upper band is still too close to the current price, and it is expected that the intraday will primarily be a box oscillation (which can be understood as accumulating energy for future gains). From the 12-hour level, the main focus should be on the TD indicator. Currently, both Bitcoin and Ethereum have stabilized at TD9, and the appearance of this indicator also reminds us that a short-term reversal adjustment might occur at any time.

In summary; currently, Bitcoin is performing quite strongly, while Ethereum has not yet seen a rebound sentiment. Therefore, today, for Bitcoin, it is estimated that there will be a technical pullback for repair, as it is already certain that Bitcoin will make a slight adjustment intraday. The current focus is on whether the key support area affected by Ethereum can be effectively broken (from another perspective, this round of adjustment is actually the market's attempt to further consolidate the support area's resilience and acceptance).

The above is my personal intraday market analysis. For more real-time strategies and free guidance, click on the avatar to follow the homepage introduction. Welcome to exchange and learn together!