Last night to this morning, this wave of market movement indeed brought many surprises. Bitcoin has been performing aggressively since early morning, directly pushing up to the 94,760 level, with the bulls' strength completely overpowering the bears. From 92,300 to 94,760, a move of over 2,000 points, is quite significant. Although there is room for a pullback, it won't be too deep, and the overall rhythm remains quite strong.



From the daily chart, consecutive bullish candles have pushed Bitcoin and Ethereum to relatively high levels, and this position is gradually stabilizing. The previous technical top has now evolved into new support levels, which is a sign of a strong structure. The trend direction is very clear—after a slight pullback, the market is continuing upward to challenge new highs.

The four-hour chart shows a similar logic. After a series of bullish candles, there was indeed a correction, but this pullback is a healthy consolidation, with the range within normal limits. The bears' downward correction was quickly recovered by the bulls, with support levels continuously moving upward. The resistance levels above are also becoming increasingly precarious, with a possibility of being broken at any time.

Based on this pattern, the subsequent strategy remains focused on buying on dips. Specifically: Bitcoin can look for long opportunities around the 94,000-93,800 area, with a target of 95,500 above; Ethereum should focus on the support zone around 3,220-3,200, with an eye on 3,350. The overall idea is to use small pullbacks as opportunities to continue building long positions.
BTC-0,37%
ETH-0,24%
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GasSavingMastervip
· 01-08 16:21
94760 this level is indeed fierce, the bullish momentum is unstoppable This pullback is the right time to get in, firmly holding below 93800 A strong rally with continuous gains, a pullback is only natural, normal Can 95500 break? If it does, it will really take off For ETH, holding at 3200 is the key, otherwise, it needs to be reassessed A bit tired but still need to keep an eye on it, missing this opportunity would make you regret the market for a week
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EyeOfTheTokenStormvip
· 01-08 15:36
Wow, this wave is really intense. 94760 completely confused me; it feels like the bulls are really gaining momentum. Wait, does this technical analysis logic really hold? I think the risk at this level is quite high... Buy on pullback? Bro, your courage is really admirable. I think I'll wait and see first. Again near the historical high, this is the easiest time to get trapped. My quantitative model is actually flashing red. But on the other hand, if I can really buy in at 93800, there's still a chance for 95500... Forget it, let's wait and see how the trading volume develops.
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GateUser-a180694bvip
· 01-06 00:49
94760, this position's bullishness is indeed fierce, just worried about a big bearish candle slapping the face
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SchrodingersPapervip
· 01-06 00:43
94760, this level really can't hold anymore. I just want to ask everyone, if we hit 93800 again, can we really buy the dip to the bottom? Or will we get trapped again?
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MEVHunterLuckyvip
· 01-06 00:36
Another round of整理, I've seen this rhythm countless times. The key is whether we can hold steady at 94,000.
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WalletDoomsDayvip
· 01-06 00:36
94760 I missed that wave, now it's just a matter of whether I can catch it at 93800.
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OnChain_Detectivevip
· 01-06 00:34
hold up, let me pull the data on these support levels first... 94000-93800 feels too clean, pattern analysis suggests we've seen similar setups rugpull right after. not saying this is one but the wallet clustering on recent pumps shows some sus activity flagged tbh. always dyor before catching knives ngl
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