The daily line closed with a positive line yesterday. Such a K-line is very strong, with basically no upper shadow line. Because yesterday was January 1st, everyone was quite enthusiastic, and it was the first day of the new year, so there was indeed a very good trend.
Bitcoin:
The MA200 level was tested several times below the four-hour level but never broke. Then the K-line rose for seven consecutive days. The MACD bulls gradually increased their volume and formed a golden cross upward. MA7 crossed multiple moving averages. The overall trend was biased towards the bulls. Although it was temporarily blocked in the short term, the decline was not strong. The article repeatedly reminded that long orders must be held well. It will continue to rise after the shock ends. The current trend verifies the idea that long orders can make money. There is still room for upward movement in the daily line. If the MACD crosses in the later period of stagflation, a top divergence structure will be formed for a retracement. At present, it is still mainly low-multiple and supplemented by high-short. The upper pressure is 46300-47000, and the lower support is 44600-44000.
Ethereum:
The four-hour level K-line has broken through multiple suppressions with six consecutive positive lines. Although it has fallen back in the short term, the momentum is not great. MACD is running in a bullish golden cross. From the trend point of view, if it stands firmly at 2380, there is still room for growth. The daily level is still running above MA30 as a whole. The bullish trend has not been broken. The trend is linked to the big cake. As long as the big cake continues to rise, it will inevitably drive Ethereum. Long orders at low levels continue to be held. If there are no orders, the retracement is an opportunity. The idea is to mainly hold low-long orders and supplement them with high-short orders. The upper pressure is 2420-2480, and the lower support is 2360-2330.
Operation suggestions: Bitcoin, short around 45300-45600, target 45000-44700 points, cover position at 45700 points, stop loss 45800 Ethereum, short around 2390-2420, target 2360-2330 points, cover position at 2430 points, stop loss 22440