Gu Jingci: 1.21 Bitcoin/Ethereum early session pullback successful rally, the market will continue to rise

Bitcoin/Ethereum early session long ideas at 88500 and 2940, with the first targets at 90000 and 3000, just reached. Currently pulling back, there is still room for further upward movement. In terms of candlestick patterns, recent prices have gradually declined from high levels, forming a clear downtrend. The daily candlestick shows long lower shadows, indicating some buying support at lower levels. Regarding technical indicators, in the 4-hour cycle, both DIF and DEA are negative and continue to diverge downward, indicating strong bearish momentum; however, the short-term MACD histogram is shrinking, showing signs of weakening. The 4-hour RSI is around 25, close to oversold territory, suggesting a potential technical rebound.

Trading suggestions: Buy Bitcoin near the current price of 89400, add positions at 88500, with targets around 91000-92000; buy Ethereum at the current price of 2970, add at 2940, with targets around 3050-3100, and 87800 and 2900 for the nephew.