On January 25, 2015, BTC rebounded by 8000 points, the Spring Festival red envelope market has started, so hold on tight and seize the opportunity!

CN
8 hours ago

25/01/10 BTC is testing support again, a descending wedge has appeared on the 4-hour chart, and there is a short-term demand for a rebound!

25/01/11 BTC's rebound continues, countdown to Comrade Jianguo's rise to power, patiently waiting for the direction in the long-short game!

25/01/12 Always bullish and always emotional, BTC will not be bearish as long as it does not break 0.382, quietly waiting for Trump's crypto moves upon taking office?

25/01/13 Global stock indices are experiencing a widespread decline, can BTC's 90,000 support hold? There may be a false breakdown?

A fan asked why the young master keeps posting positive news or institutional purchases of BTC?

Answer: 1. BTC is still in a bull market, recharge faith below $200,000, and remind of risks above!

  1. BTC always oscillates upwards, always bullish and always emotional, this is the most basic understanding (otherwise, don't play Crypto; those who are speculative still question it).

  2. Altcoins are polarized, the strong get stronger, and the weak get weaker; selecting coins is a necessary course.

Bitcoin

After a false breakdown, Bitcoin has rebounded upwards, currently reaching around 97,500 with an 8,000-point rebound. It faces pressure at the MA60 line; if it breaks through, it will look towards 100,000. The daily chart is also within a triangular structure; attention is on whether the triangle can break out.

The 4-hour short-term oscillation is between 95,400 and 97,550, with a shark pattern on the 4-hour chart looking towards 101,000.

Support: Pressure:

Ethereum

The daily chart is in a descending wedge; the price has not yet stood above 3,300, so it remains weak, awaiting a later rebound. The 4-hour chart saw a spike to 2,920 before recovering above 3,100; 3,100 must not break down further, or it will create a lower low.

The 4-hour upward rebound pressure is between 3,340 and 3,444, with the upper edge of the descending wedge around 3,500. If it cannot effectively stabilize, it will likely retest support downwards.

Support: Pressure:

Regarding altcoins: ADA: The old altcoin was reminded on January 2 that it had not broken the support at the bottom of the 2nd and continues to look for a rebound.

IOTA: Similarly reminded on January 2 that the spike did not break the bottom, stop loss at 0.29, target 0.4 to 0.44—0.48.

If you like my views, please like, comment, and share. Let's traverse the bull and bear markets together!!!

The article is time-sensitive and for reference only, updated in real-time.

Focusing on K-line technical research, sharing global investment opportunities. Public account: Trading Young Master Fusu

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