Bitcoin approaches around $90,300, up 1.7% intraday; Ethereum hovers around 3120, up 1.5% in 24 hours. The market shows a strong oscillating pattern, with fierce competition between bulls and bears.
**Bitcoin Technical Analysis**
On the 4-hour chart, the MACD just completed a golden cross, indicating that bullish momentum is recovering — a good sign. But don’t get too excited early; the daily chart still has a long upper shadow pressing down, indicating selling pressure at high levels. The most concerning is that the weekly chart is approaching a death cross, so stay alert.
*If you want to go long*: Wait until a pullback to the 88500-89000 range before entering with a small position, set stop-loss below 88000, and target around 91000-92000.
*If 88000 is effectively broken*: Switch to a wait-and-see stance or lightly short, first watch 87000, with a stop-loss back at 88500.
**Ethereum Key Levels**
Support levels are two: 2970 (today’s low) and 2950 (the lower boundary of the entire range). Looking upward, there are two resistances — 3050, which is the previous high and the top of the range, and 3100, a psychological round number.
*Trading idea*: Build long positions gradually around 3000-2980, with a stop-loss below 2950, targeting 3060-3090. If a direct breakout above 3100 occurs with sufficient volume, consider chasing longs toward 3200, but keep the stop-loss at 3020. If it falls below 2950, switch to a wait-and-see or short position, targeting 2900, with a stop-loss at 2980.
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OnchainUndercover
· 18h ago
Breaking 88,000 would really be troublesome. Once the weekly death cross forms, this wave will have to admit defeat.
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GasFeeCrier
· 18h ago
You really need to keep a close eye on this key level of 88,000. Once it's broken, it's game over.
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Degen4Breakfast
· 18h ago
If 88,000 is broken, we will have to change our tone. This wave of volatility is indeed hard to interpret clearly.
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DaoTherapy
· 18h ago
$90,000 is coming again, the weekly death cross is really a bit annoying
#数字资产动态追踪 January 3 Morning Market Brief
Bitcoin approaches around $90,300, up 1.7% intraday; Ethereum hovers around 3120, up 1.5% in 24 hours. The market shows a strong oscillating pattern, with fierce competition between bulls and bears.
**Bitcoin Technical Analysis**
On the 4-hour chart, the MACD just completed a golden cross, indicating that bullish momentum is recovering — a good sign. But don’t get too excited early; the daily chart still has a long upper shadow pressing down, indicating selling pressure at high levels. The most concerning is that the weekly chart is approaching a death cross, so stay alert.
*If you want to go long*: Wait until a pullback to the 88500-89000 range before entering with a small position, set stop-loss below 88000, and target around 91000-92000.
*If 88000 is effectively broken*: Switch to a wait-and-see stance or lightly short, first watch 87000, with a stop-loss back at 88500.
**Ethereum Key Levels**
Support levels are two: 2970 (today’s low) and 2950 (the lower boundary of the entire range). Looking upward, there are two resistances — 3050, which is the previous high and the top of the range, and 3100, a psychological round number.
*Trading idea*: Build long positions gradually around 3000-2980, with a stop-loss below 2950, targeting 3060-3090. If a direct breakout above 3100 occurs with sufficient volume, consider chasing longs toward 3200, but keep the stop-loss at 3020. If it falls below 2950, switch to a wait-and-see or short position, targeting 2900, with a stop-loss at 2980.
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