Crypto Circle Li Ying: 1.3 Bitcoin trend is promising! Ethereum bullish wave is coming! Precise points continue to attract capital!
Bitcoin
2025.1.3----01:00
Current Bitcoin price is 97500. Li Ying's insistence on a low-long strategy has proven the trend is effective. We have opened a position at 93000 as mentioned at the beginning of yesterday's article, and now there is already more than 4500 points of space. Although some profits were taken at 96000 along the way, we ultimately did not exit completely and still retained part of the base position.
Currently, the K-line pattern on the market has begun to show a trend of upward oscillation, forming multiple high and low points. The technical indicator MACD histogram is gradually expanding. Li Ying judges that bullish strength is increasing, and the relative strength index RSI has not yet entered an extreme overbought state, so Li Ying judges that the bullish trend is not over yet. The trend indicator EMA is showing a bullish arrangement, and the price continues to operate above EMA7. Short-term support is evident, and the bulls can continue to hold, preparing for profit-taking on any pullbacks, while keeping an eye on previous highs.
Today's reference points:
Long entry point 96000, stop loss 95000, stop loss 94500, target 98000
Short entry point 98000, stop loss 99000, stop loss 99500, target 96000
Ethereum
Current Ethereum price is 3470. Yesterday, Li Ying mentioned at the beginning of the article that the central idea is still to layout for medium-term longs, with a long at 3330, taking profit at the highest point of 3500 for half, while continuing to hold the rest. As long as the pullback does not break 3440, there’s no rush to take profits, after all, the major profits have already been realized. The remaining base position is to ensure that you are still in the game. The bullish trend has started and has not yet finished, so everyone can continue to look bullish.
Currently, the K-line pattern is fluctuating in the range of 3350 to 3510, showing a trend of upward oscillation. The previous low was around 3320, and the high was around 3510. The technical indicator MACD has turned from negative to positive. Li Ying judges that the short-term short is ending, and bullish strength is increasing. The relative strength index is approaching the overbought area but has not completely entered. The trend indicator EMA is forming a golden cross support, indicating a bullish outlook.
Short-term strategy reference:
Long entry point 3420, stop loss 3350, stop loss point 3300, target 3550
Short entry point 3550, stop loss 3600, stop loss point 3650, target 3400