2026-01-03 15:27:04

BITF showed impressive momentum heading into the weekend, though trading activity remained surprisingly light. The token still hasn't managed to break free from its consolidation zone—that $2.83 level is the key breakout target everyone's watching. A convincing push above it would signal real conviction from buyers.

Meanwhile, CIFR is setting up an interesting technical setup. After bouncing cleanly off the bottom of an expanding wedge pattern, the price action has been solid. However, it ran into resistance right at the 50-period EMA (the orange line on the chart). The next move depends on whether buyers can muster enough momentum to crack through that moving average. If they do, we could see continuation higher. If they don't, expect more sideways chop.

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.

9 Likes

Reward
9
8
Repost
Share

Comment

0/400

LeekCutter

· 01-06 01:15

Can BITF break $2.83 this time... feels like it's going to eat noodles

View OriginalReply0

just_another_fish

· 01-05 13:36

BITF that $2.83 is really stuck; we'll see if it can break through on Monday.

View OriginalReply0

BlockchainArchaeologist

· 01-05 09:06

BITF needs to break 2.83, but we have to wait a bit longer. The trading volume is so light that it's not aggressive enough... CIFR's EMA is holding tightly. Let's see if the buyers can give some strength this week.

View OriginalReply0

AirdropHarvester

· 01-03 15:55

2.83 can't be broken, then it's not fun anymore. Just wait and see.

View OriginalReply0

SudoRm-RfWallet/

· 01-03 15:45

Ha, it's that same 2.83 breakdown story again, I'm tired of hearing it, brother. --- The CIFR card stuck at the 50EMA is really annoying, just a little more momentum needed. --- Thinking of a breakout with light trading volume? Don't be silly, let's wait until Monday. --- Wedge bouncing up as a big news? Doesn't look like it can hold. --- Another "key resistance," if it breaks this week, it would be a miracle. --- BITF's momentum feels a bit weak, be cautious when chasing highs.

View OriginalReply0

NFT_Therapy

· 01-03 15:44

BITF is stuck at the 2.83 level, and it seems like the buying momentum isn't very strong... The EMA resistance on CIFR is also quite tough, let's wait for a breakout.

View OriginalReply0

StakeOrRegret

· 01-03 15:36

BITF, can this wave really break through 2.83? It feels like it's been hesitating there forever.

View OriginalReply0

ChainSherlockGirl

· 01-03 15:32

Haha, BITF is just dodging around there. If it can't break 2.83, it will continue to be stuck in the quagmire. Based on my analysis, this is the big players wasting time. CIFR is even more interesting. The 50-period moving average is holding tightly. Looking at the on-chain wallet data, those large transfers in and out seem to be testing the bottom line. I'm just a bystander watching the show... One word to describe it: uncomfortable.

View OriginalReply0