#数字资产市场动态 January 20 Bitcoin and Ethereum Market Analysis

Today’s focus is on the performance of these two cryptocurrencies.

First, look at Bitcoin. In recent days, it has been testing high levels repeatedly, with the 92,000 level acting like a defensive line. If this level can hold, there’s a chance for a rebound up to 94,200. But if it breaks below, it may further decline to around 90,500. The current situation is a repeated confirmation of support within this range.

For long positions, consider opening shorts between 93,800 and 94,200, with targets at 93,000 to 92,500, and set stop-loss at 94,800. Keep pace with this wave of volatility.

Next, look at Ethereum. Multiple cycle signals are indeed leaning bullish, but in the short term, there is still pressure. The key support zone is between 3,170 and 3,180; whether it can hold here is very important. If it breaks upward to 3,270, a larger upward space could open up.

For short positions, consider opening orders between 3,250 and 3,270, with targets at 3,200 to 3,180, and stop-loss at 3,320. Expect this oscillation to continue for some time.

$BTC $ETH ’s trend is still worth further observation.