1.10 Friday Afternoon Thought Analysis:

From a technical structure perspective, on the four-hour chart, after a price dip, there have been consecutive bullish closes recovering upward, with a noticeable decrease in bearish volume. The moving averages are turning and showing clear signs of continuation in the upward recovery, with a series of bullish candles indicating a demand for upward movement in the recovery channel.

With Friday's arrival, alongside changes in market sentiment, the oversold rebound has also arrived as expected. There is still room for further warming in the short term. Although the trend remains bearish, there is no need to rush into short positions. We remain optimistic about upward recovery, as we have not yet reached the pressure testing area; there’s no need to short aggressively!

Afternoon trading suggestions:

Bitcoin: Long around 93000-92500, target 95000

Ethereum: Long around 3220-3190, target 3400