Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 1.11

The daily chart for Bitcoin shows the current price fluctuating around 90,000, indicating a gradual stabilization after a significant drop. The 4-hour chart shows a slight rebound, with both the DIF and DEA lines below the zero line. The MACD histogram has turned from green to red, but the momentum is weak, suggesting a continued short-term bearish bias. The EMA7 is close to the closing price, providing effective short-term support, while the EMA120 offers stronger support. Intraday trading is recommended to buy on dips. Specifically, consider buying Bitcoin around 89,800 to 90,300, with a target around 92,000; and Ethereum around 3050 to 3080, with a target around 3150. However, market conditions are constantly changing, and this article is time-sensitive. Those entering the market should refer to real-time guidance.