Bitcoin has maintained a rebound trend in recent market movements, with bullish sentiment slightly warming up. As of now, the price has stabilized above 90,000, reaching a high near 91,800. The current price fluctuates around 91,000. If it can continue to stabilize, there is potential for further gains within the day.



From a technical perspective, the 4-hour chart shows a long upper shadow near the 91,800 high, indicating significant selling pressure above and suggesting a possible short-term correction. Although the daily candles have closed positively for three consecutive days, the body of the candles is gradually shrinking, which means the bullish momentum is weakening. Regarding indicators, the 4-hour MACD's DIF has crossed below DEA, and the histogram is shrinking; the daily MACD remains in positive territory (1178) but has clearly flattened, indicating diminishing upward momentum. Looking at the moving averages, the price is currently oscillating between the 4-hour EMA7 (90968) and EMA30 (89685), with the 120-day moving average (88906) serving as a key support level. The 90,000 integer level is a critical point to watch today. If it holds, the short-term strategy is to focus on buying on dips, with support at 90,000 and 88,800.

Based on this technical pattern, the short-term trading plan is as follows: for shorts, try short positions in the 91,500-92,500 range with a stop loss of 500 points at 94,000, targeting below 91,000; for longs, try long positions in the 88,600-89,600 range with a stop loss of 500 points, targeting above 90,500.

For Ethereum, the short-term strategy is: lightly short in the 3,155-3,225 range with a 30-point stop loss, targeting below 3,080; and lightly long in the 2,981-3,031 range with a 30-point stop loss, targeting above 3,060.

Reminder to all traders: market changes are rapid and unpredictable. No matter how confident you are in your market judgment, setting proper take-profit and stop-loss levels is essential. Securing profits in time is the key.
BTC-0.5%
ETH1.07%
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BlockchainWorkervip
· 01-04 20:50
Be careful with the 90,000 level, it feels like there might be more volatility. Momentum is waning, and the bulls are a bit exhausted. Stop-loss must be in place; don't be greedy this time. 88,800 is interesting; consider bottom fishing if it drops. The upper shadow is so long, quite a few people are selling. Once again, MACD is flat, this signal is so annoying. Ethereum is still on the sidelines; let's wait and see. Whether 90,000 breaks or not, keep a close eye on it; it's a key level.
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LightningPacketLossvip
· 01-04 20:43
Another upper shadow and waning momentum, I'm getting a bit annoyed... --- If the 90,000 level can't hold, today will be another big show --- There's nothing wrong with setting stop-losses, but most people can't do it, including me --- Only dare to go long after breaking 88,800; right now, the position is too虚 --- Ethereum's recent move feels pointless, let's wait and see --- The most annoying thing is when volume shrinks and prices move sideways; neither bulls nor bears have strength, just paying fees in this market --- Trying short at 91,500? Bro, you can try, but I'll just observe and see --- That's what they say, but when it really comes to stop-losses, how many can decisively press the button? --- The 120-day moving average is almost useless now; this rebound is虚 --- ETH seems more like a trap than BTC; we need to wait for a clear direction
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CryptoHistoryClassvip
· 01-04 20:41
ah yes, the classic "three green candles = moon mission" delusion we saw in 2017, 2021, and literally every cycle before that. pattern recognition at its finest... except the MACD's already rolling over. history rhymes, or so they say
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NFT_Therapy_Groupvip
· 01-04 20:41
90,000 can't be broken, then it must be a pullback to go long, otherwise it's just a fake breakout... --- MACD has already crossed below, yet still dare to chase high, this time you'll have to suffer the loss --- Every time they talk about key support and key resistance, it turns out to be false breakouts, hilarious --- Stop loss of 500 points, such a mindset requires great strength to play like this --- See you at 88,800, anyway the short-term momentum is gone --- Ethereum's recent move is a bit fierce, try testing the waters at 3155 --- Consecutive bullish candles with decreasing volume? Feels like it's about to turn around --- The psychological level of 90,000 is so obvious, institutions are definitely waiting here --- How many times have I said to lock in profits? Yet some people are still greedy --- The long upper shadow at 91,800 is so long, the bears are about to make a move
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wagmi_eventuallyvip
· 01-04 20:35
The key level of 90,000 really needs to be watched carefully. If broken, be cautious. --- Such a long upper shadow? The selling pressure is definitely not small. Don't rush to chase the high. --- I admit the bullish momentum is waning. If it's time to act, just do it. --- If the 88,800 level can hold, there's still a chance. If it can't, you'll have to accept the loss. --- MACD has flattened out. This wave of gains is probably about over. --- A pullback and long strategy is still more conservative. Don't be too greedy. --- Take profit and stop loss are truly the lifelines of trading. Many people get wiped out because they don't set them. --- ETH 3155 shorting feels quite risky. Be cautious. --- The coin price is oscillating within this range. Short-term swings are unpredictable. --- Holding the 120-day moving average gives hope; only a break below it would be truly dangerous.
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StakoorNeverSleepsvip
· 01-04 20:26
It's a bit risky at the 90,000 mark; with such obvious selling pressure, I really don't dare to buy more. The momentum has waned, yet there's still hope for a continued rally—this logic doesn't hold up well. Once 88,800 breaks, it's game over; let's wait for a pullback before making any moves. If the MACD is flat, there's no hope; it's better to cut losses honestly. It feels like Ethereum might test lower this time; did you close the 3155 short? Setting stop-losses properly is the real deal; otherwise, you'll lose everything. Three consecutive days of bullish candles with shrinking bodies? Wow, that's a sign of a reversal. The upper shadow at 91,800 is painful; there's not much room for short-term movement. Bullish momentum is waning, but they still want to continue the rally? Analysts' brains might be a bit foggy.
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