Latest operations log for January 4th, Saturday early morning:
The current market shows a warming trend, and the recent wide fluctuations in the box have finally broken through today.
The key upward pressure levels for Bitcoin and Ethereum have effectively been surpassed at 97000/3500, with Bitcoin price returning to the key point of 98000, and Ethereum also showing strong upward momentum. Currently, supported by safe-haven buying, it indicates that the market is likely to continue rising in the short term.
Observing the 4-hour line, the volume histogram shows a three consecutive bullish trend, with Ethereum constantly breaking above resistance levels, both showing a positive unilateral upward trend.
The uptrend of the Bollinger Bands is significant, and the volume is ample, indicating that a cleansing might be imminent. Therefore, in the operations log, it is recommended to use low leverage for trading.
Recommendations:
For Bitcoin, buy on dips in the range of 97000-97500, with a target of 98500-99500.
For Ethereum, buy on dips in the range of 3500-3530, with a target of 3600-3680.
