2026-01-04 02:20:43

Today’s morning session looked at the trends of BTC and ETH, and I think it’s worth discussing.

From a structural perspective, Bitcoin has experienced a strong rally and is now in a phase of digestion at high levels. The four-hour chart is quite interesting—continuous higher lows, firmly above the short- and medium-term moving averages, with clear lower shadows on each pullback, indicating that there are buyers accumulating at the bottom. This kind of movement suggests that the overall trend remains intact; the high points are not signs of distribution but rather a healthy consolidation.

Switching to the one-hour timeframe, after a volume-driven surge, the price has entered a sideways consolidation zone. The candles are mostly small-bodied, and the center of gravity has not shifted downward, which is actually a buildup pattern following a breakout. The bulls still control the market; as long as key support levels are not broken, there’s potential for further upward movement.

From a technical perspective, trading ideas are as follows: for BTC, consider going long within the 90500-90000 range, with a target around 91800. For Ethereum, the range of 3130-3100 can be considered, with a target near 3180.

However, these are purely technical analyses. Actual trading should be adjusted according to your risk tolerance.

BTC-0,03%

ETH-0,91%

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MidnightGenesis

· 01-07 02:04

On-chain data shows a bottoming out with support, but don't be fooled by the lower shadow. This wave's structure is indeed intact, but it depends on how the contract changes play out. Once the 90,000 support level is broken, all the buildup will be meaningless. Monitoring shows that the bulls are still in control, but I'm more concerned about the flow of funds in exchange wallets... It's worth noting that this kind of sideways movement usually indicates that big players are secretly battling. From the code perspective, the technicals look good, but on-chain signals are the real truth. Based on past experience, digesting high levels often turns out to be a trap... The interesting part is that every dip is met with buyers, indicating someone is accumulating chips. As expected, it's another prelude to a bullish trap. The target of 91,800 should be confirmed with on-chain hot wallet data to be more reliable.

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GasFeeVictim

· 01-06 22:43

90000, I bought the dip here, the bulls' rally hasn't fully started yet.

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FloorSweeper

· 01-06 19:11

Hmm, building momentum again. This 90,000 support level is indeed quite interesting.

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SelfRugger

· 01-04 02:43

90000 is indeed interesting; let's see if it can hold.

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MetaverseHermit

· 01-04 02:40

Bro, the description of the dead candlestick pattern is spot on, I really like this kind of detailed analysis. The bulls are controlling the market, but I still need to be cautious. If the key support at 90,000 really breaks, I'll withdraw. Wait, can it really reach 91,800, or is this just another pipe dream? I haven't recovered from the losses from a few days ago, are you really willing to go all in this time? ETH at this level is a bit underestimated, entering at 3100 feels a little timid. But I'm getting a bit tired of this "accumulation" theory. Every time, it's about accumulation, but what happens next? Forget it, I'll just follow your advice. Anyway, I won't lose much.

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BearMarketSurvivor