1.19 Bitcoin continues to accumulate at high levels, the bull market is about to break through the sideways trend.
After BTC held the 90k support, it formed a bullish pattern, coupled with an oversold rebound logic, leading to a large number of shorts being liquidated (especially around 96k). The fear and greed index quickly rebounded from extreme fear in previous days to near neutral (47-48), and the market began to reprice risk for the year.
ETH is currently in a narrow fluctuation + confirming a pullback after a breakout + continuing to test upwards.
ETH core support level: 3200-3180 strong short-term support and a dividing line for bulls and bears + previous high volume area; if it falls below this level, it is likely to test 3120-3080 or even the psychological level of 3000.
ETH core resistance level: 3380-3400 strong resistance at the daily high + short-term target area; only by stabilizing above this level will the bulls have more confidence. Friends who are not satisfied with recent market operations can consult btc0796 to connect with me for market discussions.
Operation Suggestions:
BTC 94700-95200 go long, target 97000 -99000, stop loss at 94100
ETH 3280-3330 go long, target 3450 - 3600, stop loss at 3230
