Bitcoin and Ethereum, as repeatedly mentioned yesterday, have seen a steady upward trend with predictable price action. However, since the morning's rise, they have been consolidating sideways, reflecting a recent upward trend with optimistic market sentiment and significant capital inflows. Bitcoin and Ethereum have gradually climbed from around 86,500 and 2,900 in the past few days. After reaching highs of around 91,800 and 3,165 during the daytime session, they encountered profit-taking pressure and are currently consolidating in a narrow range, forming a strong structure of "higher highs and higher lows." Technical indicators: On the daily chart, the price broke through the upper resistance level, and the short-term moving average system formed a golden cross, providing support for the price. The four-hour indicators are bullish, but the hourly chart is in overbought territory, suggesting a short-term correction is needed. Key resistance levels to watch are 3200-3220 and 92,500-93,000. Evening Trading Suggestions: Short Bitcoin around 91800-92300, target around 90300; Short Ethereum around 3160-3180, target around 3080. Our daily analysis and strategies have a high win rate and are readily available. However, these analyses and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time updates.
Gu Jingci: After a rally at the end of January 4th, the market fluctuated within a narrow range; pay attention to the switching between highs and lows.
2026-01-04 14:24:51
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