Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#数字资产行情上升 $BTC Technical Analysis on January 8th Early Morning
Currently, the Bitcoin market has reached a critical support level with clear signs—bearish momentum is significantly weakening, and the four-hour chart is showing many bottoming signals. The price is strongly supported at the lower band of the Bollinger Bands, and the continuation of the downward trend has noticeably diminished, with rebound energy building up.
From the breakdown of the downtrend, the strength of the bottom support has been repeatedly validated. This means that the next operational approach should be—using the key support to confidently accumulate opportunities.
💡 Bitcoin Trading Suggestions
A pullback to the 90700-90000 range can be used to buy in batches, with the first target at 92300 and the second target aiming at 94000, a key resistance level.
💡 Ethereum Trading Suggestions
If the price returns to around 3130-3080, it is appropriate to open long positions. The first target is 3200, and the second target directly aims at the 3300 level.
The market is gathering strength at the bottom, where risks and opportunities often coexist—grasping the strong rebound at support levels is the key focus of operations at this stage.