Afternoon 13:50


Brothers and sisters, Happy New Year! 2026 has begun~
The current market situation is shown in the chart below:
In my personal opinion, since New Year’s Day is also a holiday in Europe and America, there won’t be much movement, mainly a sideways trend. ETH’s small fluctuation range is around 2940-3020, and the larger fluctuation range is around 2880-3110.
Yesterday’s live session with a low long also made a profit, right? Those who are willing to exit have mostly taken profits. From a technical analysis perspective, the four-hour to daily charts are showing a sideways upward trend. Currently, it’s a wide-range fluctuation, just like I mentioned in yesterday’s live room: a reasonable defense level for long positions is 2940. If it doesn’t break below that, it’s just oscillating back and forth. The first resistance level is around 3060-70, and the furthest I see is about 3110. It’s just a process of endurance. For those under pressure, it can be quite anxious, so sometimes taking short positions is good, and not trading at all might be better. Just hold your positions and do what you need to do during the holiday.
Bitcoin’s support is below at 86600, and above at 89000-90000, which are key levels. The fluctuation range is between 86600 and 90000. If you don’t want to trade, just go with a normal position to go long. ETH’s reasonable stop loss is 2940, and take profit around 3060-3110. Bitcoin’s reasonable stop loss is 86000 to avoid being caught off guard, and take profit around 89000-90200.
These are just my personal opinions for reference.
ETH-0,07%
BTC-0,99%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
PlayWithCoins,ItBelongsToZhao.vip
· 25m ago
2026 Go Go Go 👊
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)