Friday Night Market Watch:



From the perspective of candlestick patterns and indicator systems, Bitcoin's KDJ is repeatedly testing low levels, and the golden cross signal has not yet clearly formed. The short-term upward momentum is somewhat weak; the RSI across all timeframes remains below the 50 line, indicating that the bullish rebound strength is indeed insufficient. From another angle, although the MACD's red histogram is still expanding, signs of diminishing momentum have not yet appeared. The short-term control by the bears remains, but the steepness of the decline has already eased.

Considering the current pace, Bitcoin's observation range is around 90700-91200 with sideways movement. Support levels to watch are at 89600-88800. As for Ethereum, the key recent zone is between 3110-3130. If the decline reaches 3060-3030, attention should be paid to rebound opportunities.

#MSCI未排除数字资产财库企业纳入范围 $ETH
BTC0,25%
ETH0,24%
View Original
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ImpermanentSagevip
· 01-09 11:29
Once again, RSI is below 50. Is this market so dull... Looking at the 89,600 level, we might have to wait a bit longer.
View OriginalReply0
BuyHighSellLowvip
· 01-09 11:28
It's that old KDJ golden cross explanation again... Bro, can it go up this time? Honestly, I'm a bit tired.
View OriginalReply0
MetaverseVagrantvip
· 01-09 11:28
It's the same analysis again... The KDJ golden cross is still nowhere in sight, and the bears are still holding on tightly.
View OriginalReply0
potentially_notablevip
· 01-09 11:22
Once again, the KDJ golden cross is nowhere in sight... This rhythm is really making me feel a bit anxious, as if we're just waiting for a signal that simply won't come.
View OriginalReply0
GasWastervip
· 01-09 11:08
lol here we go again, btc doing its typical limp noodle bounce while i'm just watching my tx fail at 45 gwei like a fool. support at 89600? sure, maybe, but have you considered that gas fees will probably drain my stack before we even get there? anyway, these ranges are giving "sideways hell" energy fr fr
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)