1.3 Saturday midday market analysis

Recently, the price has shown a strong bullish trend, forming multiple positive candles. After oscillating at high levels yesterday, it broke through the key levels of 3000 and 3100 consecutively, but signs of a small bearish correction appeared at high levels.
Following a sharp rise, the market is now consolidating with sideways movements, currently oscillating within the 3130-3145 range, with limited volatility.
MACD remains above the zero line, with the DIF and DEA values expanding and the MACD histogram shortening, indicating that the current upward momentum is slowing down, with a need for correction but the trend remains unchanged.
The RSI stays near 70 in the 14-period, indicating overbought conditions. The high-level oscillation suggests the market is still in an upward trend, but there is a certain possibility of a pullback.
EMA(7 and EMA)30 are diverging upwards sequentially. EMA7 is close to the current candlestick and provides support, while EMA120 is gradually turning upward, further confirming the overall bullish pattern.
From yesterday to today, trading volume has significantly increased, showing higher market activity and active participation from both bulls and bears.
At high levels like 3130-3145, trading volume is relatively decreasing, indicating that the willingness to chase the highs is weakening, and caution should be exercised as resistance in this area may emerge.
BTC trading strategy: Short at 90300-90800, stop loss at 91800, take profit at 89200-87800
ETH trading strategy: Short at 3130-3160, stop loss at 3210, take profit at 3050-2970