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January 6 Bitcoin and Ethereum Market Review and Analysis:

A new week begins, and the weekend market for Bitcoin has been uneventful, with extremely low liquidity and turnover rates at bear market levels. Short-term traders are frequently active, while medium to long-term investors appear relatively indifferent, creating a holiday atmosphere in the market. The Coin Victory Group points out that the weekend turnover rate is approaching levels seen before last year's election, but the market currently shows little interest in price, indicating a lack of confidence in future trends. Therefore, it seems that market leaders are on the sidelines while retail investors are operating blindly. Additionally, there are several important events to watch this week: the U.S. Congress will officially certify Trump's election, January 20 is Inauguration Day, and there will be non-farm payroll and unemployment rate data this week. These factors may have some impact on the market, but significant volatility is not expected. For medium to long-term investors, this period is not suitable for blind shorting; instead, patience is advised while waiting for opportunities.

In terms of operational strategy, the Coin Victory Group suggests that for both short-term and medium to long-term investors, the safest approach is a low long strategy, meaning entering the market when it pulls back. If one must engage in long and short operations, quick reactions are needed from Wednesday to Friday, especially if a drop occurs early Thursday, as a significant rebound may happen on Friday night. In the short term, Bitcoin is more likely in an adjustment phase within the 92k-100k range, with limited downward space, and is expected to continue rising after a volume reduction adjustment.

Analysis Review:

In the article from January 5, a precise analysis of long and short strategies for Bitcoin and Ethereum was provided. For Bitcoin, a long position was suggested at the price levels of 9.8 and 9.73. The market performed as expected, with a successful entry into the long position when it pulled back to the lowest point of 9.73, yielding nearly 3000 points in profit during subsequent market fluctuations, showcasing a very accurate prediction of trend points. Ethereum also performed excellently, with a long position suggested at 3605, successfully reaching the target point of 3700, gaining 100 points, further confirming the accuracy of trend point predictions. Here, I would like to extend warm congratulations to those friends who closely followed the operational steps in the article; with your keen insight and decisive execution, you successfully captured substantial profits amid market fluctuations.

Bitcoin Market Analysis:

Currently, observing Bitcoin's trend from the daily chart, we can see that it has recorded 7 consecutive red K lines, with the price climbing to the daily MA30 moving average at 9.83. The market now faces a critical test: whether the price can remain stable above 9.83. If it can hold this level, the market is likely to return to a bullish pattern and continue to expand upward; conversely, if it cannot maintain this threshold, it may fall back into a state of oscillation and adjustment. From the 4-hour chart, the market trend aligns with the analysis in yesterday's article. After pulling back to the MA256 moving average, the price successfully rebounded, and the overall short-term pattern has shifted to a strong trend. At this point, the market will closely monitor the breakthrough of the 100k level; once broken, it will open a new upward channel for subsequent price increases.

Ethereum Market Analysis:

Looking at Ethereum's daily chart, yesterday's trend also closely matched the analysis in the article. After breaking through the daily MA30 moving average, the price confirmed the support of the MA30 moving average with a pullback, then rebounded. Currently, the short-term support level is at 3600. From the 4-hour chart, Ethereum has broken through the MA256 moving average at 3620 and has rebounded from this level. The subsequent market trend will focus on the strength of the rebound to determine whether the market has the momentum for sustained upward movement.

Based on the current market situation, the operational thoughts for the afternoon are as follows (writing time: 16:00):

For Bitcoin (BTC), it is recommended to take a light long position at the price level of 9.91. If the price pulls back to 9.82, additional long positions can be added, with the target price set above 100k. Additionally, when the price reaches 10.3, a light short position can be attempted to capture potential short-term pullback opportunities.

For Ethereum (ETH), it is recommended to take a light long position at the price level of 3620. If the price pulls back to 3580, additional long positions can be added, with the target price set near 3760. This operational strategy aims to align with the current market trend while reasonably controlling positions to reduce risk and improve capital efficiency.

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This article is independently written by the Coin Victory Group. Friends in need of current price strategies and solutions can find the Coin Victory Group online. We will continue to monitor market dynamics and update analyses and trading strategies in a timely manner. Thank you for your attention and support. We mainly focus on contracts for BTC/ETH/ETC/LTC/EOS/BSV/ATOM/XRP/BCH/LINK/TRX/DOT, specializing in styles, mobile lock-up strategies around high and low support and resistance, short-term wave highs and lows, medium to long-term trend positions, daily extreme pullbacks, weekly K top predictions, and monthly head predictions.

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