January 10 Multi-Currency Intraday Market Quick Read
**Bitcoin** key level: Yesterday, it touched resistance and showed signs of correction. In the short term, focus on whether the previous high can hold. On the four-hour chart, the upward channel remains intact, but trading volume is gradually shrinking, cautioning against potential false signals.
**Ethereum** performs relatively weakly, failing to break through the resistance level effectively, currently oscillating near a key support. If it breaks below the recent low, it may trigger further downward testing. Short-term, it is recommended to stay on the sidelines.
**BNB** and **SOL** show stronger resilience. BNB maintains an upward trend with good volume; SOL, although pulling back, has solid support and is expected to rise again. These two assets present relatively greater short-term opportunities.
Overall, Bitcoin's movements still serve as a market indicator. Whether it can regain the balance line today will directly influence the direction of other coins afterward. Short-term volatility is increasing, with risks and opportunities coexisting.
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.
January 10 Multi-Currency Intraday Market Quick Read
**Bitcoin** key level: Yesterday, it touched resistance and showed signs of correction. In the short term, focus on whether the previous high can hold. On the four-hour chart, the upward channel remains intact, but trading volume is gradually shrinking, cautioning against potential false signals.
**Ethereum** performs relatively weakly, failing to break through the resistance level effectively, currently oscillating near a key support. If it breaks below the recent low, it may trigger further downward testing. Short-term, it is recommended to stay on the sidelines.
**BNB** and **SOL** show stronger resilience. BNB maintains an upward trend with good volume; SOL, although pulling back, has solid support and is expected to rise again. These two assets present relatively greater short-term opportunities.
Overall, Bitcoin's movements still serve as a market indicator. Whether it can regain the balance line today will directly influence the direction of other coins afterward. Short-term volatility is increasing, with risks and opportunities coexisting.