Yueying: Bitcoin and Ethereum Market Analysis (January 26th) - Is it still a good time to buy after Bitcoin breaks 90,000? (Short-term trading suggestions included)

Looking at the daily chart for Bitcoin, the previous candlestick closed as a solid bearish candle, finding support near the lower Bollinger Band. After opening today, it rebounded immediately, recovering half of the previous candlestick's losses. The Bollinger Bands are slightly widening, and short-term moving averages are turning downwards. The MACD fast and slow lines have broken below the zero line and are extending downwards, with the volume bars decreasing. The KDJ indicator has turned upwards again, and the VR indicator is consolidating around 110. On the four-hour chart, after a series of bearish candlesticks, a solid bearish candle broke below the lower Bollinger Band. Currently, it has rebounded and broken through the seven-day moving average. The Bollinger Bands are narrowing, and short-term moving averages show signs of flattening. The MACD fast and slow lines crossed downwards but haven't yet continued their downward trend; now they show signs of turning upwards with decreasing volume bars. The KDJ lines are crossing upwards, and the VR indicator is consolidating around 120. Overall, the overnight plunge broke through the previous low and found support around 86,000. Although the market is weak, it is currently testing the lower edge of the trading range. If this support holds, a rebound is expected in the short term. Resistance is seen around the 4-hour EMA200 and the 60-day moving average. Support is seen at the previous low; a break below this level would target the 84,000 area. For short-term trading, see the following suggestions. Bitcoin short-term suggestions: Buy at 87,300 (or 84,500), sell at 90,500. Ethereum accelerated its downward movement after breaking below 2900, finding support around 2780 and rebounding back to near 2900. This current low also coincides with the mid-December low, making it a key level to watch in the short term. As long as there is no significant break below this level, the price action is considered valid. Overall, the technical analysis is linked to Bitcoin; see the following short-term suggestions. Auntie's short-term trading suggestion: Short at 3028, Long at 2860 (or Long at 2800) (Click the image to see the homepage introduction for more cryptocurrency analysis) — I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!