Last night, Bitcoin's price fell to around 90600 and then started to stabilize, testing this range repeatedly in the early morning. Ethereum has been fluctuating around 3140 throughout.



From the candlestick performance, after the previous deep correction, the market has now entered a short-term consolidation phase. Bulls and bears are repeatedly tugging within this range. But one detail worth noting is that the price has been steadily holding above the key support level of 90000-90500, indicating that the buying pressure here is not weak. This stability suggests there is still potential for the price to push higher.

Based on this judgment, the short-term trading strategy is to buy near the support levels. Bitcoin can be gradually accumulated in the 90500-90000 range, with an upper target around 93500. For Ethereum, good entry points are near 3130-3110, with the target focusing on the resistance around 3250.
BTC-0.2%
ETH-0.84%
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SchrodingerProfitvip
· 01-07 23:52
The 90,000 level is holding on stubbornly; it seems the big players don't intend to push it down.
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SeasonedInvestorvip
· 01-07 23:52
Has the 90600 level stopped falling? I can't really see it. Is the buying pressure really that strong?
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ser_we_are_ngmivip
· 01-07 23:51
90600 support level, the buying pressure looks pretty good. The bottoming process definitely feels real, but I don't know when it will break through 93500.
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BearWhisperGodvip
· 01-07 23:44
The 90,000 level really got stuck, but it seems like the buying pressure is still holding strong. It's quite interesting.
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