Bitcoin has gained strong support around 89200 and is gradually moving higher. After surging to around 91500, it entered a consolidation phase and is currently fluctuating near the 91000 level, with lows continuously rising and an upward trend gradually establishing.
From a technical perspective, the 4-hour chart has formed a clear stair-step upward structure, with moving averages aligned in a bullish pattern, indicating sufficient short-term upward momentum. Based on this wave, the next focus should be on the resistance at the 92200-93200 range.
From an Ethereum perspective, the 3120-3090 area is a recent key support, and the rebound target can be around 3170-3200. Overall, both major cryptocurrencies are continuing their bullish momentum, but specific operations should be flexibly adjusted according to market trends.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
24 Likes
Reward
24
10
Repost
Share
Comment
0/400
BuyTheTop
· 11h ago
Can 92200-93200 really break through? It feels like it's about to drop again.
View OriginalReply0
WhaleSurfer
· 01-06 12:36
The lows keep rising, I like this rhythm. Now it's just a matter of whether we can break through that 92,200 hurdle.
View OriginalReply0
BearMarketBro
· 01-06 10:48
Can we break through the 92,200-93,200 level? It feels like it's just a matter of a few days.
View OriginalReply0
SandwichTrader
· 01-05 01:53
Oops, here comes another rebound. The 89,200 support is indeed very solid. Currently still hovering around 91,000, but it feels like the hurdle at 92,200-93,200 is a bit uncertain.
View OriginalReply0
PaperHandSister
· 01-05 01:51
It's the same bullish narrative again, why isn't it getting old? Every time they talk about the next resistance level, but what happens? It drops even faster.
If 92200-93200 can't be broken, I'll just wait to buy the dip.
View OriginalReply0
SolidityStruggler
· 01-05 01:48
The resistance level at 92,200-93,200 is interesting, but I still want to see if it can break through 93,500 before I believe it.
View OriginalReply0
RiddleMaster
· 01-05 01:41
It really feels a bit stuck at the 91,000 level, but the fact that the lows are rising looks quite comfortable.
Stair-step ascent? It just feels like oscillating upward, don't overthink it.
If I can't break through 92,200-93,200, I should consider reducing my position.
View OriginalReply0
MemeCurator
· 01-05 01:30
Stepping up? Feels like another dump is coming, haha
View OriginalReply0
RamenDeFiSurvivor
· 01-05 01:29
Stepped rise? It feels like this move is just to trigger stop-losses. Can 92200 really be broken?
View OriginalReply0
AirdropDreamer
· 01-05 01:24
The stepwise rise is really quite steady this time. Whether 92200-93200 breaks or not is the key.
Bitcoin has gained strong support around 89200 and is gradually moving higher. After surging to around 91500, it entered a consolidation phase and is currently fluctuating near the 91000 level, with lows continuously rising and an upward trend gradually establishing.
From a technical perspective, the 4-hour chart has formed a clear stair-step upward structure, with moving averages aligned in a bullish pattern, indicating sufficient short-term upward momentum. Based on this wave, the next focus should be on the resistance at the 92200-93200 range.
From an Ethereum perspective, the 3120-3090 area is a recent key support, and the rebound target can be around 3170-3200. Overall, both major cryptocurrencies are continuing their bullish momentum, but specific operations should be flexibly adjusted according to market trends.