Bitcoin daily chart breaks through the 90600 resistance level, but don’t get too excited yet—momentum is clearly waning. The MACD red bars are shortening, RSI has fallen back from overbought to 54.66, and market sentiment has shifted from euphoric to somewhat indifferent. On the moving averages, EMA7 and EMA30 remain in a bullish alignment, with the price currently testing the EMA7 support repeatedly.



Overall, the bulls are not dead, but it will take time to digest this wave of gains. Currently, the price is oscillating within the 88000-93000 range, waiting for a clearer direction. Consider buying on dips near support, but be cautious near resistance—avoid blindly chasing highs.

Regarding specific trading strategies, there are two approaches for Bitcoin: if the price continues testing resistance, consider short positions at 91200-90200, with a stop-loss above 92200, and targets at 89150-88350; if a rebound hits a bottom, consider long positions at 88450-89350, with a stop-loss below 87400, and targets at 90150-91050. Ethereum follows a similar logic: short at 3155-3115 (stop-loss above 3205, target 3055-3015), long at 3005-3045 (stop-loss below 2975, target 3095-3145).

For now, the same advice applies: wait until the trend is clearly confirmed before taking action—don’t be swayed by short-term noise.
BTC-1.2%
ETH1.03%
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ClassicDumpstervip
· 01-05 05:57
Did it break 90,600 again? Haha, this wave of market action is really a bit fake. The momentum is gone, yet they're still pushing hard. I really don't understand what these people are excited about.
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BlockchainWorkervip
· 01-05 01:56
Breaking through 90600 is pointless; this momentum isn't quite right. It seems we still need to continue oscillating and digesting.
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GasFeeCriervip
· 01-03 10:52
Here we go again, still holding on despite the bulls not being dead... RSI has already fallen back, and you're still telling stories.
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CoffeeOnChainvip
· 01-03 10:49
The decline in momentum is now evident; the RSI has also retreated. It feels like we should wait a bit longer before making any decisions.
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BoredStakervip
· 01-03 10:46
It's the same story again. Every time they say wait until the direction is clear, but in the end, it's still us retail investors who get caught in the middle.
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TradFiRefugeevip
· 01-03 10:30
Starting to test the support repeatedly again. It's unlikely to be absorbed this time; I need to wait for a clear signal.
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