1.16 Major Concept Analysis:

The consolidation at high levels for Bitcoin is a normal performance during the upward phase, with a clear ascending flag pattern visible. As long as the key support levels hold, the upward trend will continue. The daily EMA bullish pattern remains solid, MACD continues to expand, indicating strong momentum for a rally; the four-hour timeframe is in a flag consolidation, with a slight correction caused by a bearish divergence, and limited downside space. The bullish pattern remains unchanged, and the core strategy is to go long at low levels, with a light position to seize the pullback opportunities, and to position for the main upward wave on dips!

Bitcoin suggestion: around 95,000-94,500, with an outlook towards 96,000-97,000.
Altcoin 2: around 3,270-3,240, with an outlook towards 3,320-3,400. #中文Meme币热潮 #GateTradFi使用体验