2026-01-09 05:21:24

Technical Analysis: Bitcoin and Ethereum are slowing down in their downward momentum, and the next focus is on the direction of consolidation.

**Bitcoin**: Yesterday, the price stopped falling after retracing to the MA30 daily moving average around 8.9. On the 1-hour chart, recent prices have been testing around the MA256 daily moving average, and in the short term, it is expected to oscillate around the 90,000 level. The resistance above is around 92,000 (4-hour MA30), and if broken, then look at 93,000.

Ethereum shows some interesting signs — yesterday continued to decline, with the price returning to the 3050 area where the MA30 and MA60 daily moving averages converge. This 3030-3050 price zone is very critical; holding this means the downtrend might be coming to an end. On the 1-hour chart, there is support at 3090, and on the 4-hour chart, there is also support at 3040. The resistance above is around 3150, and further up, the zone is between 3170-3230.

**Trading Ideas** (written at 12:20):

For BTC: go long at 9.03, add to positions at 8.95, with targets at 9.15/9.2. If it reaches 9.2/9.3, consider short positions, expecting a pullback of 1000-2000 points.

For ETH: go long at 3085, add if it retraces to 3030, with targets at 3130/3180. If it breaks through 3170/3230, consider short positions for a 6-100 point pullback.

The market is still digesting previous declines, and signs of technical improvement are gradually appearing. The key is whether these two support levels can hold effectively.

BTC0,79%

ETH1,34%

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· 5h ago

Another volatile market, can't break through the 90,000 level If ETH can't hold 3050, I'll sell out, can't stand this repeated torment Shorts at 9.2 are really good, waiting to cut the leeks This wave of market movement is too exhausting, feels like it will consolidate for a while BTC is testing the resistance again, it's boring If ETH drops back to 3030, I'll buy the dip, betting on support Improvement in technicals? What a joke, still better to wait and see Feeling a bit hesitant to go long at 9.03, seems like it will drop further If 3050 breaks, it's over, directly aiming for 3000 This pace is too slow, when will there be a big market move

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AirdropSweaterFan

· 01-10 03:25

Once again testing our psychological defenses, holding the 90,000 line is considered half the victory. Another day of volatility, it doesn't feel exciting enough. I've looked at the 3050 level multiple times; it's really critical. If it can't break through, just keep trying. The slowdown in this wave of decline is actually more annoying. I don't know how to operate. The expected pullback point for the short positions is a bit small; what can 2000 points do? ETH is now playing a defensive game; as long as it holds, that's fine.

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AirdropHunterWang

· 01-09 05:51

90,000 really is difficult, feels like I have to go through the torment again To put it simply, it's about whether 3050 can hold, if not, it will continue to go down Another day of being trapped haha Adding to 8.95 is a bit aggressive, I'm scared If ETH breaks below 3030 this time, it's really over

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LadderToolGuy

· 01-09 05:42

The 90,000 mark really feels like a hurdle that's stuck, but the slowdown in the decline pace can also be considered a positive. ETH's 3050 is truly a critical line of life and death; it depends on whether it can hold today. It looks like a repeated oscillation market, a bit annoying. BTC adding positions at 9.03 still shows courage; I'll just wait and see for now. If the key support at 3030 breaks, it might continue to drop. It still doesn't feel like the right time to bottom out; let's wait and see the signals.

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FomoAnxiety

· 01-09 05:37

The 90,000 mark feels like it's not that easy to break through; it still depends on whether the support can hold. Once again, at the tricky 3050 level, ETH is really challenging this point. Short-term, it's better to wait and see; wait for clearer signals before taking action. This round of consolidation might take some more time. If we can't break through 9.2, then consider closing the short positions.

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