Gu Jingci: 1.31 Bitcoin/Ethereum early morning spike, the market will continue to rebound and rise
The Bitcoin white chart has repeatedly set up long positions from 81,000 to 81,500, then continued to go long from 82,000 to 82,500. The market has repeatedly surged to 83,500 and is now above 84,000. Ethereum has repeatedly gone long near 2,700 and 2,720, with a recent spike to around 2,635, nearly hitting the stop-loss at 2,620. We also added positions around 2,650, with an average price around 2,690. The 2,620 level is also the previous daily low point mentioned on the white chart, with weekly support at around 2,550.
Currently, after the spike, the market closed with a long lower shadow and a bullish candle. The trend is showing signs of reversal. The four-hour chart is about to turn, and the market will continue to rebound and rise. Steady profit-taking at 84,300 and 2,755. If it pulls back overnight, continue to go long, referencing around 83,000 to 83,500 for further longs, targeting 85,000 to 86,000. For姨太, continue to go long near 2,700 to 2,720, targeting 2,800 to 2,900.