There are only a few days left until the non-farm payroll data is released. The trend of Bitcoin and Ethereum has now reached a critical turning point. From the weekly chart perspective, Bitcoin still faces the pressure of weak oscillation; to reverse upward, it must rely on strong performance on the daily chart to drive it.
The current situation is as follows: if Bitcoin can hold steady above the 90,000 level, with the fast and slow lines on the daily chart entering a bullish zone and trading volume continuously increasing, then a new high is within sight. Conversely, if it falls below 90,000 again, a decisive stop-loss is necessary. In the short term, key support is in the range of 90,500 to 90,000, while resistance above is at 91,800 to 92,800. The focus of intraday operations should be on the 1-hour level, observing the strength of the rebound and the bottom conditions.
Ethereum's situation is basically synchronized with Bitcoin and also requires sufficient volume release on the daily chart. If the volume is in place, the 3300 to 3400 range could have another attempt at a breakout. However, the 3070 level must not be broken; once lost, the risk of a pullback will instantly increase. Support levels are at 3120 to 3066, with resistance at 3200 to 3260.
Many people become panicked during oscillations, rushing to cut losses when a breakdown occurs. The fundamental reason is that they haven't grasped the trend of the larger cycle or the rhythm of the smaller cycle. This wave of market movement is unlikely to end quickly; each point could influence the final gains.
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MidnightTrader
· 01-11 02:27
Another critical moment, so exciting every time.
People who cut their losses truly deserve it. If you don't understand the big cycle, why mess around?
Let's see how the non-farm payroll data stirs things up. The 90,000 level must really be held.
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0xLostKey
· 01-11 02:13
To be honest, I'm just waiting to see if 90,000 breaks or not. If it breaks, I'll run immediately; if not, I'll gamble on a rebound.
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OnChainSleuth
· 01-08 02:56
It's the same old story. If you can't hold the key positions, you have to run. Don't wait until the breakdown to cry and complain.
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InscriptionGriller
· 01-08 02:53
It's the same old story again—talking about momentum and bullish trends as if they're guaranteed, but in the end, it all depends on the market maker's mood. As for the 90,000 level, I think most retail investors will have to pay their tuition here.
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PrivateKeyParanoia
· 01-08 02:48
If it breaks below 90,000, sell at a loss; if it doesn't break, wait for the rebound. To be honest, it's still a gamble on non-farm payrolls.
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LiquidityHunter
· 01-08 02:40
Liquidity depth in the 90500-90000 range is crucial. It depends on whether the spread between CEX and DEX has abnormal expansion. Only by observing whether the trading volume of the trading pair increases can we determine if it's a genuine breakout.
There are only a few days left until the non-farm payroll data is released. The trend of Bitcoin and Ethereum has now reached a critical turning point. From the weekly chart perspective, Bitcoin still faces the pressure of weak oscillation; to reverse upward, it must rely on strong performance on the daily chart to drive it.
The current situation is as follows: if Bitcoin can hold steady above the 90,000 level, with the fast and slow lines on the daily chart entering a bullish zone and trading volume continuously increasing, then a new high is within sight. Conversely, if it falls below 90,000 again, a decisive stop-loss is necessary. In the short term, key support is in the range of 90,500 to 90,000, while resistance above is at 91,800 to 92,800. The focus of intraday operations should be on the 1-hour level, observing the strength of the rebound and the bottom conditions.
Ethereum's situation is basically synchronized with Bitcoin and also requires sufficient volume release on the daily chart. If the volume is in place, the 3300 to 3400 range could have another attempt at a breakout. However, the 3070 level must not be broken; once lost, the risk of a pullback will instantly increase. Support levels are at 3120 to 3066, with resistance at 3200 to 3260.
Many people become panicked during oscillations, rushing to cut losses when a breakdown occurs. The fundamental reason is that they haven't grasped the trend of the larger cycle or the rhythm of the smaller cycle. This wave of market movement is unlikely to end quickly; each point could influence the final gains.