Afternoon short position successfully closed

January 9th Afternoon Thoughts
After going through round after round of consolidation, the current price structure and resistance have both broken; would one still think it's hard to rise? I am not blindly bullish; the overall trend has always been bullish, and bears should only operate on a short-term basis. You can check my recent articles for insights. Currently, it is difficult to find the next resistance level; the Fibonacci sequence may help estimate the expected high point, but whether it will come true is still uncertain. It is not difficult for the price to reach a new high; operationally, the overall trend remains bullish, with short positions for short-term trading. From a technical perspective, the daily chart shows a long lower shadow bullish candle with strong buying at low levels. The MACD histogram on the 4-hour chart has turned positive from negative, and the DIF has crossed above the DEA, enhancing bullish momentum. The RSI value is 64.3, close to the overbought zone but not extreme, indicating room for further upward movement. The price has broken through multiple moving averages and is operating above them, trending bullish in the short-term, medium-term, and long-term. Operationally, look for opportunities to buy on dips.
Bitcoin: 93400-94100 buy Target 94700-95400
Ethereum: 3270-3310 buy Target 3350-3390
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