Yesterday, we repeatedly considered buying on pullbacks in Bitcoin/Ethereum. We entered long positions around 81200 and 2700 at the opening bell yesterday morning. However, after 24 hours, Bitcoin rose 3000 points, while Ethereum remained stagnant. Bitcoin and Ethereum have recently been affected by negative macroeconomic factors, resulting in a sharp price drop and strong market panic. The short-term trend is bearish, but a rebound is expected due to the stochastic oscillator entering oversold territory. Firstly, entering long positions around 83500 and 2690 is perfectly reasonable. Why wait until 90000 or 3000 to enter? Currently, the market is generally bearish, with some even predicting 60000 and 2000. The trend is indeed weak, but there's no need to be overly bearish. Looking at the daily chart, Ethereum's support is around the previous low of 2620, and the weekly candlestick support is around 2550, not far from the current level. With proper position sizing, we can take long positions in batches. Buy when there's divergence, sell when there's consensus. When the market is generally bearish, patiently wait for opportunities to buy on dips. Trading Recommendations: Continue to be bullish on Bitcoin around 83,000-83,500, with a target of 85,500-87,000; continue to be bullish on Ethereum around 2,665-2,685, with a target of 2,770-2,850. The medium-to-long-term targets of 93,000 and 3,200 remain unchanged. Daily analysis and strategies have a high win rate and are available for viewing. However, this analysis and strategy are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.
Gu Jingci: The bullish outlook remains unchanged as Bitcoin/Ethereum approaches a key level near 1.31.
2026-01-31 07:31:34
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