Bitcoin's price has recently shown a fluctuating upward trend, with several consecutive positive candles indicating strong upward momentum. The DIF and DEA lines continue to diverge upwards, and the red bars are expanding, further strengthening the upward momentum. However, the risk of a pullback after excessive upward movement should be noted. The RSI is currently in overbought territory, indicating a potential for a market correction. However, if it maintains its high level, it indicates a strong trend. The EMA7 > EMA30 > EMA120, with the moving averages in a bullish alignment, suggesting a short-term bullish trend. Intraday trading is recommended to buy on dips. Specifically, for Bitcoin, buy around 90300 to 90800, with a target around 92500. For Ethereum, buy around 3080 to 3120, with a target around 3200. However, market conditions are constantly changing, and this article is time-sensitive. Those entering the market should refer to real-time guidance.
Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 1.4
2026-01-04 07:05:13
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