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#数字资产市场动态 $BTC $ETH 1.15 Afternoon Market Quick Read and Trading Ideas
Bitcoin's recent movement doesn't actually require excessive worry. Just look at the chart — the upper band of the Bollinger Bands is clearly slowing down, the middle band is still trending upward but the angle has flattened, and the lower band has been steadily rising. The entire channel appears to be a bullish convergence, indicating a short-term phase of energy consumption and accumulation.
The key point is that the middle band has not turned downward. This suggests that the medium- to long-term bullish logic is still intact, just after a continuous rally, a consolidation is needed. Clearing out short-term overbought conditions, releasing some profit-taking, and then pushing higher — this is how the market cycles. So, this pullback is more of an opportunity than a risk.
From a structural perspective, there are no clear signs of a trend reversal yet. Short-term consolidation and fluctuation, but the bullish tone remains unchanged. It’s advised not to chase the market or panic-sell; wait patiently near key support levels.
Specific trading suggestions:
- Bitcoin at around 95,600 can be considered for long positions, targeting 97,500
- Ethereum around 3,290 can be supported, with a target of 3,400
In terms of pace, don’t rush; let the trend run its course.