Tonight's market overview with a technical analysis of major cryptocurrencies.
**BTC Key Points**
Bitcoin is once again surging upward, approaching the resistance zone of 93,500-94,500. This range is the main observation area for bears tonight. If you previously shorted at 92,700, consider adding 2% positions at 93,500 and 94,500 respectively. In case of a nighttime pullback, the first support level to watch is around 93,000; if broken, look towards 90,500-90,000-89,300. For bulls, pay attention to the second and third support levels.
**ETH Short-term Resistance**
Ethereum's short-term top is at 3,250, but the momentum of this rebound has noticeably weakened. Profitable shorts can take profit around 3,180; if hit, continue to defend between 3,230-3,250. If it rises to 3,280 or 3,300, consider adding another short. From a medium to long-term perspective, the short opportunity at 3,400-3,450 remains worth monitoring. Tonight, if it drops, watch the 3,130-3,110 zone; if broken, the rebound is over, and the next targets are around 3,070-3,030. Long positions can be prepared in this area.
**SOL and BNB Analysis**
SOL currently at 133 is a key level. Holding this level suggests continued consolidation; however, 140 and 142-145 are good shorting points for rebounds. As long as 133 holds, the rebound isn't over; if broken, look towards 130-128, and consider long positions there.
For BNB, the resistance remains at 930. A pullback to 890 warrants caution; if broken, it indicates that small-scale rebounds are unlikely. The next target is the 880-870 zone, where longs can be watched.
For reference only, risk is your own. Proper position management is essential.
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AlwaysAnon
· 01-08 16:20
Bitcoin's rally this time is really intense. If 93500 can't hold, just wait and see the show.
ETH's rebound momentum is indeed weak, 3180 should be taken off the table.
SOL and BNB still seem to be in repeated confirmation, not very interesting.
The worst thing is if there's a sudden surge at night, can't sleep well.
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MetaLord420
· 01-08 13:32
Bitcoin's rally this time is quite fierce, breaking the 93500 level seems very difficult.
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ETH's rebound looks weak, it's clear that taking profit at 3180 is the way to go.
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Breaking 133 on SOL would be really troublesome, and they're still trying to fool me.
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It's all about position management and risk-taking, sounds nice but it still hurts when you lose.
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The 890 level for BNB is very critical, if it breaks, I already have a plan for the second test.
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How will the market move tonight, everyone? Hold or sell?
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I really can't understand why every time there's a resistance level, I need to add to my position.
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The long position at 3070 is ready, just waiting for ETH to come down.
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BTC approaching 94500, the bears should be excited now, haha.
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Feels like this rebound is about to end, the atmosphere is completely different.
View OriginalReply0
HypotheticalLiquidator
· 01-08 09:25
Another round of "Position management is the premise." How many people are already checking their liquidation prices now? The 93,500 level for Bitcoin feels like the first domino. Once it falls, the chain of liquidations will play out several times before they are satisfied.
View OriginalReply0
MeaninglessGwei
· 01-05 17:54
The recent movement at night is quite interesting. Bitcoin approaching 94,500 is a key level, and the bears need to stay alert.
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Ethereum's rebound momentum is indeed weak. Isn't it better to let go of 3,180 rather than waiting to be hit?
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I'm feeling uncertain about SOL at 133. Will it drop straight below 130?
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The 930 resistance for BNB seems to be loosening a bit. Whether it will break 880 is still uncertain.
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Honestly, setting proper stop-losses is more important than anything else. I heard someone got liquidated again yesterday.
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The 94,500 level seems to be a repeated trap. Bears shouldn't be too greedy.
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I am optimistic about ETH's short-term target at 3,070. Only if it drops will the bulls have a chance.
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Position management is truly vital. Don't go all-in just because others are doubling their positions; it's not worth it.
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I opened two short positions on SOL at 140, feeling it will retrace.
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Bitcoin is a bit weak in this wave. It feels like the move isn't over yet.
View OriginalReply0
WalletManager
· 01-05 17:52
Bitcoin's rally has been on my radar for a while. Just make sure to hold the 93,000 level; breaking below that would be a real problem. Be cautious with short positions and avoid getting trapped in the resistance zone.
ETH's momentum is indeed weak. Clear out orders at 3180, prepare to buy the dip between 3070-3030. There’s still a chance for a mid- to long-term rebound at 3400. Hold your positions tightly.
I marked 133 for SOL in red. This is a critical level that determines life or death. Don’t ask me how I know—on-chain data is right there. If BNB breaks below 890, consider managing your positions. Small rebounds are unlikely, so look towards 880.
The most important thing is to keep your private keys safe. Don’t lose money and then get hacked.
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SnapshotStriker
· 01-05 17:48
Bitcoin's rally this time is still a bit uncertain; whether it breaks 93,500 is the key.
SOL stays volatile as long as it stays above 133; if it shorts above 140, it's game over.
ETH's rebound feels a bit weak; it seems like it's going down again.
BTC just needs to push a bit more to see if it can hold 90,000.
Ethereum at this level is really risky; it should have been sold at 3180 a long time ago.
View OriginalReply0
ThesisInvestor
· 01-05 17:45
Bitcoin is about to surge again; the 93,500 level must be defended well, or else it might drop directly to 90K.
ETH's rebound is weak; you can sell at 3180 first, don't be greedy.
SOL and BNB still need to be watched; if 133 and 930 can't be broken, there's still hope.
This wave of market movement feels a bit awkward, neither up nor down.
View OriginalReply0
RugPullAlarm
· 01-05 17:29
Another bunch of support and resistance levels. I really don't understand if these analysts only know how to draw lines. I'm more interested in what the large addresses near these levels are doing and where the funds are flowing...
View OriginalReply0
DeFiGrayling
· 01-05 17:27
Another textbook-style analysis of the resistance levels. The 93,500 level really needs to be defended well, or else it will head straight to 90K.
View OriginalReply0
StakeWhisperer
· 01-05 17:26
Bitcoin faces resistance again, with another round of "possible pullback" drama. I bet five bucks that it will still fluctuate overnight.
ETH's recent rebound really lost momentum, with 3250 holding firm. It feels like breaking 3300 will lead to a dip.
SOL and BNB are both at critical levels; if they can't break through, they'll just keep grinding. This market is indeed a bit dull.
I've been talking about position management for years, but only a few actually follow through.
Let's see how 93500 performs tonight. Whether to add to the position still needs some more thought.
Tonight's market overview with a technical analysis of major cryptocurrencies.
**BTC Key Points**
Bitcoin is once again surging upward, approaching the resistance zone of 93,500-94,500. This range is the main observation area for bears tonight. If you previously shorted at 92,700, consider adding 2% positions at 93,500 and 94,500 respectively. In case of a nighttime pullback, the first support level to watch is around 93,000; if broken, look towards 90,500-90,000-89,300. For bulls, pay attention to the second and third support levels.
**ETH Short-term Resistance**
Ethereum's short-term top is at 3,250, but the momentum of this rebound has noticeably weakened. Profitable shorts can take profit around 3,180; if hit, continue to defend between 3,230-3,250. If it rises to 3,280 or 3,300, consider adding another short. From a medium to long-term perspective, the short opportunity at 3,400-3,450 remains worth monitoring. Tonight, if it drops, watch the 3,130-3,110 zone; if broken, the rebound is over, and the next targets are around 3,070-3,030. Long positions can be prepared in this area.
**SOL and BNB Analysis**
SOL currently at 133 is a key level. Holding this level suggests continued consolidation; however, 140 and 142-145 are good shorting points for rebounds. As long as 133 holds, the rebound isn't over; if broken, look towards 130-128, and consider long positions there.
For BNB, the resistance remains at 930. A pullback to 890 warrants caution; if broken, it indicates that small-scale rebounds are unlikely. The next target is the 880-870 zone, where longs can be watched.
For reference only, risk is your own. Proper position management is essential.