This weekend, the crypto market is quite promising. Bitcoin is oscillating around the 91,000 to 92,000 range, with the bullish pattern intact, but the resistance at 92,000 has been repeatedly tested and remains unbroken, showing some signs of fatigue. Ethereum is performing more actively, testing near 3,160, with a sharper increase. The overall market sentiment is between cautious and optimistic, with the Fear & Greed index showing a greed reading of 62, but weekend liquidity is low, which actually suppresses volatility.
From the data, the total market capitalization is steady around $3.05 trillion, with a 24-hour increase of less than 1%, and trading volume remains at $85 billion. Bitcoin is currently priced at $91,906, up 1.47%, with a market share of 59.34%, maintaining strong dominance. Ethereum is at $3,156, with a higher increase of 2.16%, approaching a market cap of $378 billion, with staking rate holding at 18.2%.
Technically, on the daily chart, the bullish trend for Bitcoin remains intact, with the 50-day moving average providing effective support, and the middle band of the Bollinger Bands also acting as a floor. Looking upward, the 92,000 level is a tough nut to crack, followed by 92,654, 93,000, and ultimately 94,400. On the downside, 90,000 is a psychological barrier, with further support at 89,255 and 88,413. On the 4-hour chart, MACD shows slight expansion, and a triangle convergence pattern is brewing, waiting to see which direction it will choose next.
In terms of trading strategy, the short-term approach remains the same—buying on dips and selling on rallies, but be sure to strictly control position sizes and stop-losses, avoiding greed. Long-term investors can continue to build positions gradually, focusing on whether key levels show signs of breakout.
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LiquiditySurfer
· 01-12 23:52
92000 is really a tough nut to crack; I've been grinding on it all weekend and it's a bit frustrating.
ETH has been performing quite strongly today, but with low liquidity, I'm worried about a sudden dump.
Once it falls below 90000, it will be time to watch the defense line. I'll continue to accumulate small amounts of coins, don't be too greedy.
Weekend market is like this: low volume and oscillation, waiting for Monday's rhythm.
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SneakyFlashloan
· 01-12 08:38
Why is it still impossible to get past the 92,000 mark? It's making me a bit anxious.
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SmartContractPlumber
· 01-12 08:30
If 92,000 can't be broken, there's a problem with this chart... It's not a technical issue, but a liquidity exhaustion. This weekend's trading volume is probably just to trigger stop-losses.
This weekend, the crypto market is quite promising. Bitcoin is oscillating around the 91,000 to 92,000 range, with the bullish pattern intact, but the resistance at 92,000 has been repeatedly tested and remains unbroken, showing some signs of fatigue. Ethereum is performing more actively, testing near 3,160, with a sharper increase. The overall market sentiment is between cautious and optimistic, with the Fear & Greed index showing a greed reading of 62, but weekend liquidity is low, which actually suppresses volatility.
From the data, the total market capitalization is steady around $3.05 trillion, with a 24-hour increase of less than 1%, and trading volume remains at $85 billion. Bitcoin is currently priced at $91,906, up 1.47%, with a market share of 59.34%, maintaining strong dominance. Ethereum is at $3,156, with a higher increase of 2.16%, approaching a market cap of $378 billion, with staking rate holding at 18.2%.
Technically, on the daily chart, the bullish trend for Bitcoin remains intact, with the 50-day moving average providing effective support, and the middle band of the Bollinger Bands also acting as a floor. Looking upward, the 92,000 level is a tough nut to crack, followed by 92,654, 93,000, and ultimately 94,400. On the downside, 90,000 is a psychological barrier, with further support at 89,255 and 88,413. On the 4-hour chart, MACD shows slight expansion, and a triangle convergence pattern is brewing, waiting to see which direction it will choose next.
In terms of trading strategy, the short-term approach remains the same—buying on dips and selling on rallies, but be sure to strictly control position sizes and stop-losses, avoiding greed. Long-term investors can continue to build positions gradually, focusing on whether key levels show signs of breakout.