January's new weekly market trend continues to maintain a rebound rhythm, with major mainstream cryptocurrencies successively surging higher. Let's review the key technical levels one by one.
**Bitcoin** is currently facing resistance around 93,500. From the weekly chart, 88,600 is a key support level from last week, and the rebound to this point has shown significant height. In the short-term, the 93,500-94,500 range constitutes an important resistance zone, which is currently a key short-selling opportunity. Since the morning, the price has rebounded from the bottom and accumulated about a thousand points in profit. If the rally continues higher, caution is still needed around 94,600. If there is a rapid decline intraday, support levels are sequentially at 91,500-90,500, with further support near 89,300-88,700 if broken. It is advisable to wait for these support zones before entering long positions.
**Ethereum**'s resistance level remains around 3,260, and the last segment still needs to be filled. During the second surge, continue to monitor this resistance. Short-term short opportunities are in the 3,260-3,300 range, while medium-term short opportunities are in the 3,400-3,450 range. The daily support levels for a pullback are at 3,117-3,076, with a defensive support at 3,033. Bulls should patiently wait until near the second and third support levels before considering entry.
**Solana**'s current short-term support for a pullback is at 133. As long as it does not break below this level, the rebound trend remains intact, and existing short positions can be reduced here. The upward rebound resistance zone remains at 140-145. If the price surges into this range, further attention should be paid to short opportunities. Conversely, if this wave breaks below 133, it indicates the small-scale rebound has ended, and the next support test is at 130-128. Bulls should wait until at least this support zone before considering an entry.
**Binance Coin** has surged into the 900-930 resistance zone. For those with short positions, the key defensive level is at 930. If there is a pullback intraday, support levels are sequentially at 880, 870, and 860. Bulls also need to wait until near the second and third support levels before considering building positions.
Position management is always the top priority in trading; the above analysis is for reference only.
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GweiWatcher
· 01-05 21:32
It feels like this level at 93,500 is about to break through. Earning a thousand points in profit would be a good achievement.
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BlockchainDecoder
· 01-05 06:58
According to studies, the technical structure of this rebound indeed shows a clear phenomenon of pressure accumulation. It is worth noting that the resistance levels of various cryptocurrencies are generally at risk of breaking through simultaneously. It is recommended to focus on the validity of the突破 of these two key levels: 93500 and 3260.
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WalletsWatcher
· 01-05 06:49
It feels like this level at 93500 is about to break. The short positions I had already set up are now paying off big time.
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BridgeNomad
· 01-05 06:44
nah the real risk here isn't btc resistance... it's where you're routing liquidity through. seen too many traders get liquidated chasing these levels while their positions got hit by hidden slippage across fragmented pools. anyway 93.5k looking sus rn
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DAOdreamer
· 01-05 06:39
93500 this level really can't hold, it feels like it's about to break
ETH is still dragging on, when will it fill the gap
If Sol 133 doesn't hold, the small rebound will truly end, depends on the follow-up
BNB surged high this wave, a shorting opportunity has arrived
Position management is the most important, well said!
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It rebounded again, the rhythm this week has been pretty good, let's keep watching
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Bitcoin has already reached this height, it should pull back
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Wait for the support zone before taking action, no need to rush
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Bullish traders need patience, don't rush to get in
January's new weekly market trend continues to maintain a rebound rhythm, with major mainstream cryptocurrencies successively surging higher. Let's review the key technical levels one by one.
**Bitcoin** is currently facing resistance around 93,500. From the weekly chart, 88,600 is a key support level from last week, and the rebound to this point has shown significant height. In the short-term, the 93,500-94,500 range constitutes an important resistance zone, which is currently a key short-selling opportunity. Since the morning, the price has rebounded from the bottom and accumulated about a thousand points in profit. If the rally continues higher, caution is still needed around 94,600. If there is a rapid decline intraday, support levels are sequentially at 91,500-90,500, with further support near 89,300-88,700 if broken. It is advisable to wait for these support zones before entering long positions.
**Ethereum**'s resistance level remains around 3,260, and the last segment still needs to be filled. During the second surge, continue to monitor this resistance. Short-term short opportunities are in the 3,260-3,300 range, while medium-term short opportunities are in the 3,400-3,450 range. The daily support levels for a pullback are at 3,117-3,076, with a defensive support at 3,033. Bulls should patiently wait until near the second and third support levels before considering entry.
**Solana**'s current short-term support for a pullback is at 133. As long as it does not break below this level, the rebound trend remains intact, and existing short positions can be reduced here. The upward rebound resistance zone remains at 140-145. If the price surges into this range, further attention should be paid to short opportunities. Conversely, if this wave breaks below 133, it indicates the small-scale rebound has ended, and the next support test is at 130-128. Bulls should wait until at least this support zone before considering an entry.
**Binance Coin** has surged into the 900-930 resistance zone. For those with short positions, the key defensive level is at 930. If there is a pullback intraday, support levels are sequentially at 880, 870, and 860. Bulls also need to wait until near the second and third support levels before considering building positions.
Position management is always the top priority in trading; the above analysis is for reference only.