1.12



U.S. December CPI to be released at 21:30 on January 13;

U.S. Senate Banking Committee sets hearing date for the Crypto Market Structure Act on January 15

BTC
The weekend market remained stable. The recent strategy has been centered around the 89,000 to 90,000 range. As long as it does not break below this level, it will rebound upward. Currently, the market is oscillating within this range, with smaller timeframes gradually beginning to trend upward, which aligns with our market forecast. At this position, we should pay attention to the daily chart to see if there is enough volume to drive a rally across the market, and also monitor whether the 1-hour chart can sustain a continuous upward oscillation. As long as the price stays above 92,000, it is likely to test the high around 94,500. In summary, as long as the intraday level of 90,900 holds, the market will continue to oscillate upward, with support at 90,900-90,000 and resistance at 92,000-94,500.

ETH
Ethereum's outlook is similar to Bitcoin. Currently, the daily chart is also oscillating within a narrow range, and attention should be paid to whether trading volume can support a market rally. In the short term, the 4-hour and 1-hour timeframes still have room to move. As long as the price does not break below 3,100, it will continue to oscillate upward, with support at 3,100-3,065 and resistance at 3,170-3,280.
BTC2,27%
ETH2,77%
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DragonSoarsvip
· 01-12 01:52
Hold on tight, we're about to take off 🛫
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