#数字资产行情上升 【Market Observation January 8】



Macroeconomic Background
Recent geopolitical fluctuations may impact commodities, with oil supply still uncertain. Such external factors could trigger short-term market sentiment swings. Stay alert to news that may affect risk assets.

Market Trends
US stocks are under pressure this morning, but the crypto market remains resilient. BTC repeatedly tests the key support/resistance level at 90600, with multiple defenses indicating strong bullish intent. Some smaller coins have experienced deeper corrections, while mainstream coins have stabilized after approaching the Fibonacci 0.5 level. Overall, the bullish pattern remains intact.

Technical Details
BTC is currently stabilizing around 91000. On the hourly chart, a three-impulse wedge pattern has formed, accompanied by a bullish divergence signal, which is a typical ascending continuation pattern. Although there are short-term bearish signs, the larger framework still shows BTC maintaining a strong bullish trend, with a higher probability of upward movement.

Trading Suggestions
If a large bullish candle or consecutive bullish signals appear, consider going long decisively, targeting recent highs. A conservative approach is to position on the left side of 90600, waiting for a rebound confirmation before entering. The current win rate favors the bulls.
BTC-0,17%
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EntryPositionAnalystvip
· 18h ago
The 90600 level is repeatedly defended; the bulls are still stubborn. I am optimistic about the bottom divergence on the hourly chart; it's definitely a consolidation signal.
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RebaseVictimvip
· 01-08 22:00
90600 is really a stubborn level, the bulls are holding firm here... feels like a breakout is coming --- Altcoins got hammered again, better to stick with mainstream coins --- Triple push wedge pattern with divergence at the bottom? This combo has fooled me several times before --- Geopolitical tensions are stirring again, could this be another false alarm --- US stocks are falling but crypto is holding up, that's pretty impressive --- Wait for a big bullish candle before entering, better to wait for a rebound confirmation rather than chasing highs --- Is 91000 stabilizing? Then let's see if we can push through --- Always testing this level repeatedly, when will there be a real breakthrough --- Bullish sentiment is strong but my wallet's willingness is even stronger... sold some --- Winning rate leaning bullish? Just listen, the most real is your own account
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LiquidatedNotStirredvip
· 01-08 11:16
90600 is again testing repeatedly; this time the bulls are going to take the opportunity.
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ChainProspectorvip
· 01-08 03:59
90600 repeatedly defended, the bulls are still somewhat interesting. However, the recent correction of small coins was truly frightening, luckily the mainstream coins didn't collapse. Waiting for a big bullish candle, it feels like there's a chance today. BTC's rhythm, feels like it's about to take off again? Wedge + bullish divergence, textbook pattern, the bulls are still fighting. Oil sector is causing some trouble again, it should be over in a few days. Being conservative and positioning on the left side is more reliable, just don't get fooled. The resilience at the start of this year is pretty good, unlike last year when it was so fragile.
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FloorSweepervip
· 01-08 03:54
Bitcoin is holding at 90600, and the bulls are still somewhat interesting. The triple push wedge pattern with divergence at the bottom, this combination of techniques indeed looks like a continuation pattern. However, the recent pullback in small coins was a bit scary, so be cautious.
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blocksnarkvip
· 01-08 03:50
90600 has been defended so many times at this level. The bulls really don't want to let go. It feels like it's just waiting for a big bullish candle to take off.
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