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January 14th, Wednesday BTC and ETH Market Snapshot
Bitcoin has surged sharply, jumping from 91,000 to above 96,000 in one go, with a clear bullish momentum. Looking at the 4-hour candlestick chart, the Bollinger Bands have widened, with the upper band supporting from above, and the middle band also trending upward, forming a nice ascending channel. The short-term support level to watch is 92,000, which is the middle Bollinger Band; if it falls below, it might go to this level.
Recent trading strategy: #策略性加码BTC BTC around 94,700 can aim for 96,500. Follow the trend if it moves smoothly, avoid going against it.
Ethereum also looks good, with a rebound expected from around 3,300 towards 3,400.
Overall, the short-term bulls are dominant, and trading with the trend feels more comfortable. $BTC $ETH