2026-01-03 23:30:08

1.4 Monday Morning Silk Road

The weekend market experienced narrow fluctuations, with bulls and bears deadlocked. After Bitcoin dipped to 89,200 and then rebounded, it rose to 90,900 but faced resistance and pulled back; Ethereum dropped to 3,060 and then recovered, encountering resistance at 3,120 and moving downward.

From a technical perspective, the 4-hour chart shows a gradual upward recovery, with bulls and bears temporarily balanced; the hourly chart alternates between gains and losses, with a slight advantage for the bulls, but no significant breakthrough strength. Overall, the market remains in consolidation, and the direction is still unclear.

Trading suggestions:
Around 90,900-91,500 for Bitcoin can be shorted, targeting 89,500-88,600;
Around 3,140-3,200 for Ethereum can be shorted, targeting 3,080-3,040.

BTC1,7%

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