1-16 BTC/ETH Morning Market Analysis: Bullish Pattern Remains Steady, Pullbacks Are Good Opportunities for Positioning

Within the day, Bitcoin quickly stabilized after a sharp rise and fall, with the price firmly holding above 96,500 for consolidation. In the evening, volatility triggered broad fluctuations due to US stock market movements, with a dip to the key support level of 95,500 followed by a rapid recovery. The trend perfectly aligned with the morning forecast. Currently, the market shows strong characteristics of “strong support on pullbacks and decisive upward moves,” clearly indicating that the bulls still firmly control the market rhythm.

From a technical perspective, the four-hour BTC chart shows a series of bullish candles followed by high-level consolidation, which is a healthy technical correction within an upward trend, not a trend reversal signal. The daily EMA7 and EMA30 maintain a golden cross pattern, and the 120-day moving average provides solid long-term support. The overall upward structure remains intact, and the bullish pattern has not been broken. After correction, another upward attack is expected.

ETH’s movement is highly synchronized with the overall market, with a healthy and stable structure. The rebound shows significant buying support, combined with the potential inverse head and shoulders pattern on the weekly chart, providing a solid foundation for medium- to long-term upward movement. The current price is in a healthy correction zone, and it is expected to strengthen in tandem with BTC in the future.

Trading Suggestions
BTC: Gradually build long positions in the 94800–95000 range, targeting 97500–98000
ETH: Opportunistically establish long positions in the 3270–3290 range, targeting 3350–3380