January 22nd, Thursday midday market overview

From the 4-hour K-line, two small bullish candles are connected, and the Bollinger Bands are converging. This signal usually indicates a potential short-term continuation of adjustment or accumulation. Looking at the 1-hour chart, the price is trading above the middle Bollinger Band, which acts as support, holding firm, while the upper band becomes a resistance point. During this period, the Bollinger Bands are opening upward, and the short-term upward trend is still clear.

The technical indicators have already broken through important moving average levels, with buying interest supporting the pullback, indicating that the bottom is still stable. The price is oscillating within the channel, and the support line below remains intact.

Specifically—
$BTC: Stabilized around 89,600, aiming for near 91,000
$ETH: Around 2,980 is the baseline, with a target near 3,100
$BNB also remains strong