#Strategy加码BTC配置 Saturday Night Market Summary for January 3rd:



Bitcoin today fluctuated within the 87,500-90,000 range, pulling back after reaching near 89,100 and starting to face selling pressure. In the evening, it oscillated narrowly between 88,000 and 89,000. The daily chart shows three consecutive long upper shadows, indicating that there is still significant selling pressure at the 90,000 level. From a technical perspective, the 4-hour chart has formed a double top pattern, and the MACD has also crossed bearish, indicating waning momentum. The 1-hour chart is also weakening with sideways movement, and the moving averages are beginning to turn downward—caution is advised when chasing highs in such conditions.

Looking back at yesterday’s trades, the positions set up were profitable, earning 2,500 points plus 160 points, which is quite good.

Tonight’s strategy is as follows: $BTC remains bearish around 90,200-90,700, with targets around 89,100-88,000; $ETH faces resistance near 3,120-3,150 and is expected to retest around 3,070-3,030. The key will still be the Federal Reserve’s actions, as the crypto market’s movements are closely linked to the macro environment.
BTC-0,28%
View Original
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
  • 10
  • Repost
  • Share
Comment
0/400
BlockchainRetirementHomevip
· 01-06 05:36
The 90,000 level is really a tough barrier; three consecutive long upper shadows were forcibly pushed down, and the guys chasing higher probably have to take some losses.
View OriginalReply0
ser_aped.ethvip
· 01-05 22:15
90000 really can't be broken, three long upper shadows clearly indicate a sell-off, chasing highs should be done cautiously.
View OriginalReply0
TokenSherpavip
· 01-05 08:49
honestly the double top setup is textbook, but let me break this down—if you examine the data on macro correlation patterns, historically speaking the fed's next move is really the governance precedent we should be tracking here. fundamentally, most traders miss the quorum requirements of momentum shifts, ngl.
Reply0
MentalWealthHarvestervip
· 01-04 08:32
It's really hard to hold at the 90,000 level, with three long upper shadows hanging there. Brothers chasing the high, be careful.
View OriginalReply0
GateUser-0717ab66vip
· 01-03 13:50
The 90,000 level is so strong, three long upper shadows didn't bring it down... It's better to wait for a pullback before considering chasing higher.
View OriginalReply0
LightningPacketLossvip
· 01-03 13:46
90,000 is really a hurdle, every time it gets pushed back.
View OriginalReply0
0xInsomniavip
· 01-03 13:44
Is it really that hard to break 90,000? Three consecutive long upper shadows clearly indicate something. Those chasing the high will have to suffer losses this time.
View OriginalReply0
QuietlyStakingvip
· 01-03 13:40
Reaching the 90,000 level is really tough; three consecutive long upper shadows indicate that selling pressure is quite fierce.
View OriginalReply0
OnchainSnipervip
· 01-03 13:39
This level of 90,000 really can't hold, what do three upper shadows indicate? It means someone is dumping the market.
View OriginalReply0
AirdropHunter007vip
· 01-03 13:36
90,000 is really a tough barrier, with long upper shadows appearing one after another, it's quite uncomfortable to watch. Friends chasing highs should be more cautious these days; the double top has already appeared. Yesterday's profit of 2,500 points was pretty good. Are you continuing to hold on to the bearish outlook today? When the Federal Reserve makes a move, we tremble along with it, but we still need to keep a close eye on the macro fundamentals. Whether the 89,100-88,000 drop can break down depends on these one or two days.
View OriginalReply0
View More
  • Pin

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