Navigating the Cryptocurrency Sea: January 10 Bitcoin (BTC) Market Analysis Reference:

Bitcoin maintains a fluctuating consolidation during the day, with prices oscillating around the 90,000 line. As of the time of writing, the real-time price of BTC is 90,700. Observing the daily chart, Bitcoin's daily candlestick has continuously closed in the red, with the price currently operating above the middle Bollinger Band. The KDJ three lines are diverging downwards, and bearish momentum continues to be released; in the MACD indicator, the DIF and DEA are moving upwards, but the volume bars have significantly narrowed, indicating that while the daily bullish trend has not completely reversed, the upward momentum has notably weakened. The RSI three lines are hovering around the 50 watershed, and in the short term, it is crucial to focus on the effectiveness of the support at the middle Bollinger Band (89,500). If it can stabilize above the middle band, there is still hope to rebound and test the 92,000-93,000 range and possibly attempt to break through the pressure level above 94,000 again.

In the 4-hour chart, the Bollinger Bands are narrowing downwards, with the middle band exerting pressure on the price. The KDJ three lines are contracting and merging in the weak area below 50, the RSI three lines are all below 50, and the MACD volume bars continue to narrow without forming an effective golden cross, reflecting that the 4-hour level is in a weak consolidation bottoming phase; in the 1-hour chart, the Bollinger channel is flattening and starting to close, with prices retreating from the overbought high of 91,900. The J value of KDJ is turning downwards, and the MACD volume bars have turned from negative to positive but lack sufficient upward momentum. In the short term, the hourly and 4-hour lines are forming a resonant oscillation pattern, and the price is likely to consolidate in the 90,000-91,500 range. Given that it is the weekend, I won't elaborate further; a steady approach for the day is still to short high and long low to capture short-term profits.

Navigating the Cryptocurrency Sea: January 10 Bitcoin Short-term Reference:

Long Position: Buy in the 89,000-90,000 range, stop loss at 88,500, target at 91,000-92,000.

Short Position: Sell in the 91,500-92,500 range, stop loss at 500 points, target at 91,000-90,000.

Navigating the Cryptocurrency Sea: January 10 Ethereum Short-term Reference:

Long Position: Buy in the 3,035-3,065 range, stop loss at 2,950, target at 3,100-3,150.

Short Position: Sell in the 3,130-3,180 range, stop loss at 30 points, target at 3,100-3,050.

【The above analysis and strategies are for reference only. Please bear the risks yourself. The article may have delays in review and publication, and the strategies may not be timely. Do not operate blindly!】

This content is originally shared by 【Navigating the Cryptocurrency Sea】 and represents personal opinions only. The article may have delays in sending and is for reference only; do not operate blindly! If you want to get more daily real-time trades, then follow my public account! Here, you can engage in online technical learning and understand knowledge related to exiting positions. I have years of research experience in the market, focusing on the major trends in the cryptocurrency space. I am mainly responsible for analyzing and guiding investment operations for BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. Welcome to study and research together.

I hope everyone on their investment journey, regardless of how the market changes, can adhere to their principles, maintain rationality and calmness. Deeply understand the characteristics, risks, and profit mechanisms of investment products, and not let short-term market fluctuations sway emotions. Be patient, avoid excessive greed and fear, and understand that wealth accumulation is a gradual process. Finally, I wish all my fans the ability to see clearly on their investment journey, seize opportunities, make every decision just right, and sail through the ocean of investment, reaping wealth and growth!!!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。