2026-01-03 09:25:48

Bitcoin has been fluctuating between 89,000 and 90,000 in recent days, a typical consolidation pattern at high levels. The daily chart yesterday showed a long upper shadow, indicating that selling pressure above is indeed significant. Looking at the 4-hour chart, both DIF and DEA are above the zero line, but the histogram is contracting, and momentum is clearly weakening, which suggests a possible pullback. In the short term, EMA7 is close to the current price, and this level can still hold, but the medium to long-term EMA30 and EMA120 are diverging upwards, indicating that the overall trend remains relatively strong.

Considering that weekend volatility is usually limited, it is recommended to focus on range trading and take profits when the market moves favorably. Bitcoin can be considered for long positions between 88,600 and 89,200, with a target around 91,000; Ethereum can be entered between 3,040 and 3,070, with a target above 3,150. However, market conditions are constantly changing, so specific trading strategies should be adjusted flexibly based on real-time situations.

BTC-0,4%

ETH0,33%

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ForeverBuyingDips

· 01-06 00:13

Entry at 88,600? We need to see when the main force will truly step up. It doesn't seem that simple with such heavy selling pressure.

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LiquidatedDreams

· 01-03 09:54

To be honest, the selling pressure at 89,000 is indeed intimidating, but I still feel the overall trend is bullish in the long term.

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DoomCanister

· 01-03 09:47

89000 has been stuck at this critical level for so long, it feels like it's either going to break through or drop straight down. The in-between state is uncomfortable.

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TradingNightmare

· 01-03 09:46

I placed the order at the 88,600 level yesterday. Now it's just a matter of whether it can break 91k. Feels a bit uncertain...

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MEVvictim

· 01-03 09:32

I'm also waiting at the 88600-89200 level, but I feel this wave might still fluctuate for another two days. The long upper shadow is indeed interesting; the selling pressure is so heavy... I think we need to watch out for a break below. EMA convergence signals are so common; every time they say a correction is coming, it rebounds instead. It's really exhausting. Don't mess around over the weekend; just hold what you have and wait for Monday.

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GasFeeTherapist

· 01-03 09:29

I'm tired of this high-level consolidation rhetoric. Every time they say a pullback is coming, they reverse and hit new highs. It's hilarious. Would you dare to buy in at 88600? Anyway, I wouldn't. I'd rather miss out than get trapped. Does the contraction of DIF and DEA necessarily mean a pullback? That logic is a bit too simplistic. Weekends usually have low volatility, but when has Bitcoin ever been obedient... Is 91000 real? It feels like an uncontrollable dream again. I think Ethereum at 3150 is a stretch. This round of the market is too bizarre. No matter how good the indicators sound, it still depends on what the big players think. We're just along for the ride. I haven't seen profits from going long, but there are plenty of short positions. This market is too competitive.

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