Bitcoin continues its bullish trend, but recent pullback pressure is evident. In the short term, there is still room for growth on the 4-hour chart, but once the target is reached, decisively exit the position—don't be greedy and try to push again. The key point is that if divergence appears today, do not chase the order—wait for a pullback before re-entering.



From a technical perspective, Bitcoin faces two strong resistance levels at 96,500 and 98,200. Support levels are at 92,500 and 91,500. Many traders are gradually going long at 93,000-93,200-92,300, with targets at 95,600 and 95,000. If these levels hold, 98,000, 97,000, and 98,200 are possible, but after a rally, all long positions must be fully exited.

Ethereum has recently benefited from core upgrades, and after today's divergence spike, a pullback is expected. Short-term longs are stuck at 3,180 and 3,160, with stop-loss set at 3,140, and take-profit targets at 3,360 and 3,400. The upgrade expectations are still unfolding, but do not be tempted by a breakout—divergence on the technicals often leads to sharp pullbacks.

One last point—there are rumors that in the future, many countries might treat Bitcoin as a reserve asset similar to the US dollar, which could have a profound impact on the long-term landscape. But for now, focus on proper position management and risk control. The market moves fast, and every trade must be disciplined.
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TokenomicsTherapistvip
· 23h ago
It's that divergence theory again... Bro, I just want to ask, can we really break through 98,200 this time? Feels like another dump is coming.
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GweiWatchervip
· 01-06 03:49
Same old story, out once you're in position? Haha, easy to say, but when it comes to the actual level, it's a different matter.
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unrekt.ethvip
· 01-06 03:48
It's the same old story, run when you deviate, the greedy all die. If this wave can really hold steady at 95K, I would believe it; otherwise, it's just a false alarm. The talk about USD reserves is premature; first, let's hold the current 92,500. I don't understand this Ethereum upgrade; anyway, buy the dip when it falls. I've said a thousand times about position management, yet some still go all-in—serves them right for liquidation.
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MetaMuskRatvip
· 01-06 03:43
What are you talking about with this divergence again? Bro, I've heard your spiel a hundred times. If I had known earlier, I wouldn't have copied your trades—once I chase, I get stopped out. Wait, about the US dollar reserves... is that real or not? But honestly, your explanation of stop-losses is pretty clear, unlike some people who just hype up stuff without basis.
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MerkleTreeHuggervip
· 01-06 03:24
Here again, trying to persuade me not to be greedy, but every time I only stop when my position is full.
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