1.13 Morning BTC / ETH Technical Analysis and Trading Ideas

From the 4-hour structure perspective, Bitcoin previously dipped to around 89,300 and then formed a clear stabilization rebound, with higher lows, and is overall moving within a oscillating upward channel. Currently, the price has re-entered above the short- and medium-term EMA moving averages, which are showing signs of a bullish alignment, indicating that the trend remains bullish.

In terms of volume, during the recent rebound, trading volume has continued to increase, with the volume of bullish candles significantly larger than that of bearish candles. Funds show active participation characteristics, and the upward movement is not a volume-contraction rebound but driven by genuine buying pressure, making the trend more reliable.

The structure and indicators, combined with the Bollinger Bands maintaining an upward opening, show the price operating near the middle to upper band. Retracements near the middle band have been supported, and MACD remains above the zero line, with volume bars not showing obvious divergence. The bullish momentum continues, and short-term pullbacks are more of a strong consolidation rather than trend reversals.

It is important to note that the area between 92,500–93,000 is a high-volume accumulation zone, overlapping with the upper Bollinger Band and short-term emotional pressure. A volume breakout above this zone could further open the upside space; if volume diminishes, the price may enter a high-level consolidation phase.

Trading Ideas

BTC rebounds and stabilizes around 91,000–90,500 for long positions
Target: near 92,500, with potential for higher levels upon breakout

ETH rebounds and consolidates in batches around 3,050–3,000 for long positions
Target: near 3,200#Gate储备金报告 #我看好的中文Meme币 #SOL涨势分析 $BTC $ETH $XRP