1.12

US December CPI to be released on January 13 at 21:30;

US Senate Banking Committee sets examination date for Cryptocurrency Market Structure Act for January 15

BTC
The market moved smoothly over the weekend. The analysis framework shared earlier focused on the 89000-90000 range, and as long as it doesn't break below, it will continue to bounce upward. Currently, it remains in narrow-range consolidation around this level, with smaller timeframes gradually showing upward consolidation, which aligns with our market forecast. At this level, we need to monitor whether the daily timeframe can see volume expansion to drive an overall market rally, and simultaneously watch if the 1-hour level can maintain continuous consolidation upward. As long as it holds steady above 92000, it will test the highs near 94500. In summary, if 90900 holds intraday, consolidation will continue upward. Support: 90900-90000, Resistance: 92000-94500

ETH
Ethereum's analysis is the same as Bitcoin. Currently, the daily timeframe is also in narrow-range consolidation, and we need to monitor whether volume can drive an upside move. On shorter 4-hour and 1-hour timeframes, there's still room. So intraday, as long as 3100 doesn't break, consolidation will continue upward. Support: 3100-3065, Resistance: 3170-3280