2026-01-08 21:08:48

1.8 Cryptocurrency Market Bitcoin (BTC), Ethereum(ETH) Today's Latest Price Analysis, News Overview

: 1.8 Bitcoin (BTC)Price Analysis:
The internal price movement of Bitcoin continues to fluctuate with a tendency toward further decline. During the day, the price occasionally dropped below the important level of 90000, and currently, the price is hovering around this mark. On the daily chart, BTC after rising to 94700 ended with a series of black candles. The upper Bollinger Band shows signs of reversal, with resistance at 93200 and support at 85200. The price is currently moving between the middle and upper Bollinger Bands, not yet breaking through the key support of the medium-term upward trend; the three lines of the KDJ indicator formed a "dead" cross, indicating the beginning of a decrease in bullish momentum on the daily level; MACD, although remaining above the zero line, shows decreasing bars, DIF shows signs of reversal, indicating weakening medium-term bullish strength; RSI has fallen to the 40-50 range, exiting the overbought zone, and the need for correction is gradually increasing. Overall, the main structure of the bullish trend has not been effectively broken, and the current correction is more likely a normal technical recovery after the rise.
On the 4-hour chart, BTC effectively broke through the supports of short-term moving averages EMA15 and EMA20, the Bollinger Bands opened downward, and the price is moving along the lower band. Support at 90000 has already been tested; the three lines of KDJ dropped below 20 in the oversold zone, although a rebound is expected, there are no crossover or reversal signals yet; MACD formed a "dead" cross above the zero line, the fast line has already touched zero, and the bars are negative and increasing, indicating a phase of bullish force unfolding. On the 1-hour chart, a weak trend persists, support at 89950 on the Bollinger Bands was slightly broken, low KDJ levels show signs of reversal, RSI has fallen below 30 into the oversold zone and started to rise, there is short-term potential for a technical rebound, but its strength depends on the stability of the support at 90000. If the price stays above this mark, a rebound to 92000-93000 is possible.
Short-term analysis of 1.8 Bitcoin:
Long positions: buy in the range of 89000-90000, stop-loss 88500, target — 91000-92500,
Short positions: sell in the range of 92200-93200, stop-loss 500 points, target — 91500-90500,
This material reflects only personal opinion; publication may be delayed. Use it only for reference, do not make impulsive decisions! We wish everyone in the world of investment to adhere to principles, stay rational and calm. Study the characteristics of investment products, risks, and income mechanisms more deeply. Do not succumb to emotions due to short-term market fluctuations. We wish investment enthusiasts to have insightful vision, seize opportunities, make timely decisions, sail the investment sea with the wind at their back, and achieve wealth and growth!!!#BTC #ETH

BTC0,33%

ETH0,58%

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YaoQianshuA

2026-01-08 13:04:04

1.8 Cryptocurrency Market Bitcoin (BTC), Ethereum(ETH) Today's Latest Market Analysis and Insights
: 1.8 Bitcoin (BTC) Market Analysis Reference:
Bitcoin's intraday price continues to fluctuate downward, with the price briefly breaking below the 90,000 key level in the afternoon. Currently, the latest price hovers around this level with narrow fluctuations. On the daily chart, BTC surged to around 94,700 before closing with consecutive bearish K-lines. The upper Bollinger Band shows signs of turning, with the upper band pressure at 93,200 and the lower support at 85,200. The price is currently trading between the middle and upper Bollinger Bands, not yet breaking below the key support of the medium-term upward trend. The KDJ indicator's three lines have formed a death cross and are diverging downward, indicating that the bullish momentum on the daily level is beginning to weaken. Although the MACD remains above the zero line, the volume bars are continuously shrinking, and the DIF has a turning trend, suggesting that the medium-term bullish strength is weakening. The RSI has fallen back to the 40-50 range, moving out of the overbought zone, with a gradual release of the correction demand. Overall, the core framework of the bullish trend has not been effectively broken, and the current pullback is most likely a normal technical correction after a rally.
In the 4-hour chart, BTC has effectively broken below short-term support levels such as EMA15 and EMA20. The Bollinger Bands are opening downward, with the price moving along the lower band. The lower support at 90,000 has been tested. The KDJ lines have fallen below 20 into oversold territory, with some expectation of a rebound from oversold conditions, but no golden cross or turning signal has appeared yet. The MACD has formed a death cross above the zero line, with the fast line diverging downward and approaching zero. The volume bars are negative and continue to expand, indicating that the bearish momentum is being released. The 1-hour chart continues the weak pattern seen in the 4-hour chart, with the support at 89,950 on the lower Bollinger Band slightly broken. The KDJ shows signs of reversal with low oscillation, and the RSI has fallen below 30 into oversold territory, turning upward. There is a short-term possibility of a technical rebound, but the strength of the rebound depends on whether the 90,000 support level can hold. If it stabilizes, the price may rise back to the 92,000-93,000 range.
1.8 Bitcoin Short-term Reference:
Long positions: Buy in the 89,000-90,000 range, stop loss at 88,500, target 91,000-92,500.
Short positions: Sell in the 92,200-93,200 range, stop loss 500 points, target 91,500-90,500.
This content only reflects personal opinions. The article may have delays in publishing and is for reference only. Do not operate blindly! I hope everyone can stick to their principles regardless of market fluctuations, stay rational and calm. Deeply understand the characteristics, risks, and profit mechanisms of investment products, and avoid being swayed by short-term market volatility. Wishing fans and friends a discerning eye in their investment journey, seizing opportunities, making precise decisions, and riding the waves in the ocean of investment to harvest wealth and growth!!!#BTC #ETH

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