Cryptocurrency Market Analysis: Latest Trends for 1.28 Bitcoin and Ethereum! Is the bullish stretch a fleeting moment or the start of a new cycle?

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3 hours ago

Li Ying in the Cryptocurrency Circle: Bitcoin (BTC) Latest Market Analysis

Article Published on 2026.1.28-----00:40

The current price of Bitcoin is 88,500. Li Ying's suggested low position yesterday has now risen. Without further ado, let's look at the daily chart, which is oscillating between 88,000 and 89,000. Previously, it quickly surged from 86,670 to 88,534 before entering a high-level consolidation. The 2-hour K-line shows a slight upward trend, but with many upper shadows, indicating significant selling pressure above. The MACD on the 2-hour chart may face short-term correction pressure. The overall rebound strength of the EMA is insufficient, and the market has not triggered a breakout, so Li Ying suggests continuing to hold.

Short-term Reference:

  • For long positions: 88,000 and 87,500, exit if it falls below 87,000, target above 89,000 aiming for 90,000.
  • For short positions: 90,500 and 91,000, exit if it falls below 91,500, target below 89,000 aiming for 88,000.

Ethereum (ETH) Latest Market Analysis

Before publication, the current price of Ethereum is 2,970. Li Ying's long position strategy suggested yesterday has now risen, and the market has not yet completed its movement, continuing to look upward. Currently, the main force has quickly rebounded from the low of 2,816 to 2,964, forming a clear bullish trend. The daily K-line has closed positively for two consecutive days, indicating strong upward momentum. The MACD on the 2-hour chart shows clear bullish signals. The main force has stabilized above EMA7 and EMA30, with short-term moving averages showing a bullish arrangement. EMA120 is the next resistance level; if the main force breaks 3,000, it is highly likely to continue rising. The short long strategy remains unchanged.

Strategy Reference:

  • For long positions: 2,900 and 2,850, exit if it falls below 2,800, target above 3,000 aiming for 3,100.
  • For short positions: 3,050 and 3,100, exit if it falls below 3,130, target below 2,950 aiming for 2,900.

The above content is exclusively original by Li Ying; please indicate the source when reprinting! Article publication review has a delay, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the reader. We hope Li Ying's insights will be helpful to you!

The content of the article is time-sensitive and for reference only; risks are borne by the reader.

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