#数字资产行情上升 Bitcoin surged to the key resistance level of 94,500 today before weakening and closing with a bearish candle. To be honest, after breaking through the intermediate resistance line at 90,000, the technical outlook points to this top. Looking at the current structure, it still holds—upper boundary at 94,500, lower boundary at 84,500, and the midline at 90,000.
Ethereum's pace is similar, with several consecutive bullish candles around 3,300. As previously mentioned, once the midline at 3,030 is broken, the target range can gradually shift to 3,320–3,420. The price has now moved into position. The daily chart's box framework remains valid: top at 3,320, bottom at 2,770, and midline at 3,030.
On the 4-hour chart, it's clear that Bitcoin has tested the top of the box twice but failed to break through. The structure remains intact. The long positions set up yesterday were exited profitably during the second test. Ethereum also performed as expected, facing continuous resistance around 3,230 before pulling back. Yesterday's long positions were also successfully closed with profits. The next focus is on observing the retracement extent, with strong support below in the 3,200 to 3,030 range.
Overall, the market has shown a double top followed by a downward correction. The long positions have locked in profits, and the strategy moving forward is to continue shorting at higher levels.
Suggested operational directions:
- Short Bitcoin in the 92,000 to 92,500 range, targeting 91,000 to 90,000, with a stop loss above 93,500;
- Short Ethereum in the 3,230 to 3,260 range, targeting 3,180 to 3,100, with a stop loss if it breaks above 3,300.
Market pace is changing rapidly, so specific entry timing and position management should be adjusted according to real-time trends.
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SchrodingersPaper
· 20h ago
It's the same old story. I followed this approach last time, and it ended up breaking right through me haha
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PoetryOnChain
· 01-07 10:08
The second peak was not broken through, this short position should make money now.
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MetaLord420
· 01-07 09:59
The second attempt to break the top didn't succeed, it seems like it's time to tighten the short positions.
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StakeOrRegret
· 01-07 09:54
94500 has been tested again without success. This time, it's really time to consider reducing positions, I don't want to be trapped anymore.
#数字资产行情上升 Bitcoin surged to the key resistance level of 94,500 today before weakening and closing with a bearish candle. To be honest, after breaking through the intermediate resistance line at 90,000, the technical outlook points to this top. Looking at the current structure, it still holds—upper boundary at 94,500, lower boundary at 84,500, and the midline at 90,000.
Ethereum's pace is similar, with several consecutive bullish candles around 3,300. As previously mentioned, once the midline at 3,030 is broken, the target range can gradually shift to 3,320–3,420. The price has now moved into position. The daily chart's box framework remains valid: top at 3,320, bottom at 2,770, and midline at 3,030.
On the 4-hour chart, it's clear that Bitcoin has tested the top of the box twice but failed to break through. The structure remains intact. The long positions set up yesterday were exited profitably during the second test. Ethereum also performed as expected, facing continuous resistance around 3,230 before pulling back. Yesterday's long positions were also successfully closed with profits. The next focus is on observing the retracement extent, with strong support below in the 3,200 to 3,030 range.
Overall, the market has shown a double top followed by a downward correction. The long positions have locked in profits, and the strategy moving forward is to continue shorting at higher levels.
Suggested operational directions:
- Short Bitcoin in the 92,000 to 92,500 range, targeting 91,000 to 90,000, with a stop loss above 93,500;
- Short Ethereum in the 3,230 to 3,260 range, targeting 3,180 to 3,100, with a stop loss if it breaks above 3,300.
Market pace is changing rapidly, so specific entry timing and position management should be adjusted according to real-time trends.