1.16 Early Morning Bitcoin and Ethereum Market Recommendations

The market shows high-level oscillation with a slight bullish bias, effective support pullback, small oscillations upward, overall stability, moderate volume, and no significant increase in trading volume. During pullbacks, selling pressure is light, and buying interest remains steady, continuing the recent high-level oscillation pattern. Short-term moving averages are bullish, with quick rebounds after pulling back to the moving averages, indicating effective support. The MACD red bars have slightly shortened, momentum has weakened slightly but has not turned negative, indicating a strong oscillation with momentum consolidation. The logic for continuing to go long is solid and sustainable. Technical signals show resonance, with the three major indices displaying moving average bullish alignment, prices rising along short-term moving averages with volume and price increasing together. During pullbacks, volume decreases significantly. Under multiple positive resonances, market profit-taking effects continue to spread. Short-term oscillations present a good opportunity for positioning, and continuing to go long is supported by strong fundamentals and technical indicators.
Recommendation: For Bitcoin, watch for a pullback to 96200-96000, with a target above 97000.
For Ethereum, focus on 3300-3280, with a target at 3360.