#美国消费者物价指数发布在即 Wednesday, January 14th. How do you view Bitcoin and Ethereum?



This market move is really fierce! Bitcoin just dropped to around 96,500 and is now bouncing back and forth near 95,000. Market enthusiasm is extremely hot, and short-term overbought signals are obvious.

But there's a problem— the bullish pattern itself hasn't been broken. The issue is that this current high already makes people prone to overconfidence. Historical experience tells us that the more excited we are, the easier it is to stumble. Profit-taking and selling pressure at high levels are always possible, so we must stay alert to the possibility of a pullback.

From a technical perspective, there are two key zones:

**Upper resistance zone** 96,000-97,000. This level is particularly important. If it can't break through, a double-top pattern is likely to form, and a pullback will be inevitable.

**Lower support zone** 93,000-94,000. This is the real opportunity for long positions at a low price. If the price can hold here during a pullback, it's a great entry point.

In practical trading, my suggested approach is:

For $BTC, consider long positions between 94,800 and 94,300, aiming higher at around 95,800 to 96,300. For $ETH, good entry points are between 3,280 and 3,260, with targets at 3,340 to 3,360.

Remember one thing—making money in the crypto space is never about luck, but about a true understanding of the market. But at the same time, be aware that variables are everywhere, and stop-loss is always the top priority. Don't be greedy.
BTC3.3%
ETH5.8%
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
  • 6
  • Repost
  • Share
Comment
0/400
SatoshiNotNakamotovip
· 5h ago
When the 96,500 was dumped, I thought it was going to break the level, but it pulled back again. This wave is really exhausting.
View OriginalReply0
SeasonedInvestorvip
· 5h ago
If it can't break through 96,000-97,000, you should be cautious. This level can indeed easily burn people out.
View OriginalReply0
SignatureAnxietyvip
· 5h ago
This dump is really testing our nerves. From 96500 down to 95000, we'll see if we can hold the line at 93000. Another round of capitulation selling is probably coming, right? History just keeps repeating itself like this.
View OriginalReply0
SignatureCollectorvip
· 6h ago
It's dropping again. Can it hold at 95,000? Feels like a trap.
View OriginalReply0
StablecoinEnjoyervip
· 6h ago
96,500 dropped and then pulled back. This wave is really exhausting, feeling like I'm constantly struggling at high levels.
View OriginalReply0
ChainPoetvip
· 6h ago
96,500 drops directly, this time it's really fierce, easy to make people greedy and get carried away. If we can't break through 97,000 this wave, be careful of a double top. Only dare to go heavy at 93 to 94.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)