The market surged in one breath to 94,760. The increase from 92,300 last night to this morning directly sent a strong signal to the market. Throughout the night, the upward trend's strength indeed exceeded expectations—each pullback was quickly recovered, making the bulls' intent even more obvious.
From a technical perspective, the daily chart pattern is very particular. Consecutive bullish closes directly anchored the price at a high level, with the previous technical peak now evolving into a strong support. This indicates that the trend has not changed direction, only undergoing routine consolidation. The four-hour chart shows this more clearly—after a series of bullish candles, although there was a pullback for correction, each dip was small, and rebounds were rapid. Support levels are continuously rising, while resistance above appears increasingly fragile; a breakout is only a matter of time.
From this perspective, the subsequent trading strategy is quite clear. Enter long positions when the price retraces to reasonable support—this is almost the only direction. The crypto trading world fears contrarian thinking; since the trend has been established, follow the bulls, correct, and then look for new highs.
Specifically, regarding price levels:
**BTC:** The main approach is to go long within the 94,000-93,700 range, with the first target at 95,500. As long as this support level is not effectively broken, the bullish target remains unchanged.
**Ethereum:** The same logic applies—go long around 3,220-3,200, with a target of 3,350. ETH's movement is not as exaggerated as BTC's, but the bullish structure is equally clear.
One last point: every opportunity the market offers should be cherished. The rise from 92,300 to 94,760 looks significant, but for those building long positions, it might still be insufficient. As long as the trend remains intact, there is still room for operation. The key next step is to protect the support and wait for a retracement signal to re-enter.
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DiamondHands
· 01-08 21:11
Hi there, it's that dream of getting rich overnight again. The account has reached 94,760, and I really don't dare to look at it.
To be honest, this surge is really strong, but I always feel something's not right...
I bought in last night at 93,500, and now I just want to sell. Greed is not a good thing.
Wait, could it be that this time it's really taking off? Oh my God, should I hold or should I withdraw?
Oh my, the bullish intent is so obvious, but I feel more and more anxious.
If it pulls back to 93,700, should I buy in? Or wait and see. Anyway, if I miss it, I miss it.
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StablecoinGuardian
· 01-08 08:31
It's the same old story, buy the dip and hold support... What will you say when it finally crashes down? But this wave is indeed a bit fierce. I couldn't sleep last night, watched all night, feeling that the bulls are really gaining momentum.
Wait, is ETH this weak? I thought it could keep up.
92300 to 94760... It's not a big range, but it feels like this kind of market lately is making people numb. Be careful not to FOMO, brothers.
Support levels can be broken through very quickly.
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GateUser-9ad11037
· 01-06 01:50
Hey, the consecutive gains have directly trapped me, I still need to keep adding positions.
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MEVHunterBearish
· 01-06 01:48
I have to buy back at over 94,000; if I don't this time, I'll really be foolish.
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SatsStacking
· 01-06 01:39
94760 this level is honestly a bit aggressive, but I'm more concerned about whether we can hold at 93700. That's the key to deciding whether to continue or not.
A consecutive bullish trend does have some momentum, but I'm just worried about a sudden large bearish candle dropping down, then we'd have to find support again.
I agree that the bullish structure is clear, but don't be scared by the fake-out lines. Enter when it's time to enter.
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ForkPrince
· 01-06 01:38
Last night's sleep quality was directly ruined. Seeing this wave of gains, my mood is soaring.
I'm sitting at 94,000-93,700, just waiting for this opportunity.
After a consecutive bullish run, I still want to play with the bears. Honestly, I'm just messing with my own wallet.
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BearMarketBuyer
· 01-06 01:28
As long as this 94,000 level isn't broken, keep going, it's that simple.
Last night, my sleep was disturbed by trading, which is a normal operation. The market's current movement indeed shows no obvious problems.
The higher the support level, what does that mean? It just means there's no room for adjustment.
Wait for a pullback before entering again, no rush, there are plenty of opportunities anyway.
Why insist on chasing at the highest point? Could it be that you really can't make money?
It's another new high and a breakout, the same old tricks. Is this really different this time, or just another repeat?
Let's see if 95,500 can be reached, for now, holding onto 94,000.
The market surged in one breath to 94,760. The increase from 92,300 last night to this morning directly sent a strong signal to the market. Throughout the night, the upward trend's strength indeed exceeded expectations—each pullback was quickly recovered, making the bulls' intent even more obvious.
From a technical perspective, the daily chart pattern is very particular. Consecutive bullish closes directly anchored the price at a high level, with the previous technical peak now evolving into a strong support. This indicates that the trend has not changed direction, only undergoing routine consolidation. The four-hour chart shows this more clearly—after a series of bullish candles, although there was a pullback for correction, each dip was small, and rebounds were rapid. Support levels are continuously rising, while resistance above appears increasingly fragile; a breakout is only a matter of time.
From this perspective, the subsequent trading strategy is quite clear. Enter long positions when the price retraces to reasonable support—this is almost the only direction. The crypto trading world fears contrarian thinking; since the trend has been established, follow the bulls, correct, and then look for new highs.
Specifically, regarding price levels:
**BTC:** The main approach is to go long within the 94,000-93,700 range, with the first target at 95,500. As long as this support level is not effectively broken, the bullish target remains unchanged.
**Ethereum:** The same logic applies—go long around 3,220-3,200, with a target of 3,350. ETH's movement is not as exaggerated as BTC's, but the bullish structure is equally clear.
One last point: every opportunity the market offers should be cherished. The rise from 92,300 to 94,760 looks significant, but for those building long positions, it might still be insufficient. As long as the trend remains intact, there is still room for operation. The key next step is to protect the support and wait for a retracement signal to re-enter.