#2026年比特币行情展望 Market Observation for January 5th

Currently, the crypto space is filled with positive news—expectations of Federal Reserve rate cuts, geopolitical shifts—all pushing Bitcoin and Ethereum to continue their upward momentum. Looking ahead to 2026, the situation will become even more interesting: internal disagreements within the Federal Reserve will intensify, economic data will be released gradually, geopolitical risks will repeatedly impact the market, combined with factors such as Trump's influence on Fed personnel, ongoing weakness in the labor market, and midterm election pressures. It is quite certain that the Federal Reserve will initiate a rate cut cycle in the first half of the year. By then, Bitcoin and Ethereum are likely to experience a new wave of bullish surges.

Now, let's look at the technical performance in real-time. The daily chart is showing daily green candles, currently in a high-range consolidation, confirming the final stage of a bullish trend. The hourly chart shows a stepwise upward movement, but a small bearish candle just appeared, indicating a potential pullback. Regarding technical indicators, both the MACD on the daily and hourly charts are above the zero line, indicating strong bullish momentum. However, note that the histogram bars on the hourly chart are starting to shorten, suggesting a short-term correction is inevitable.

The RSI indicator is very valuable: the hourly RSI has already reached 71.2, approaching the overbought zone, so caution is needed for a pullback. The daily RSI is at 63.2, with room to move higher before overbought conditions, so further upward movement is possible. The EMA arrangement on the hourly chart is very standard—EMA7 > EMA30 > EMA120, a typical bullish setup. The price is running close to EMA7; if it breaks below this line, EMA30 will become the next support level.

The trading strategy is straightforward: keep an eye on the 89,200 support level, and go long if a pullback occurs and the support holds.

Bitcoin suggested entry points for long positions: 90,700-91,700, with targets at 93,300-94,300.
Ethereum suggested entry points for long positions: 3,070-3,110, with targets at 3,190-3,230.

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