Bitcoin is currently at a critical support level. The daily chart shows that after finding support around 89,200, the price stopped falling. The key now is whether this level can hold. From the 1-hour timeframe, although the price briefly dipped below 89,200, it quickly recovered. The short-term trend is expected to fluctuate around 90,000, with resistance mainly focused on the 92,000 level on the 4-hour chart.



Ethereum's situation is similar. The daily chart remains bearish, with the price retracing to around 3,050. This price range (3,030-3,050) has now become a critical support zone. Holding this level suggests the downtrend may be contained. In the short term, support is at 3,090 on the 1-hour chart, and 3,040 on the 4-hour chart, with resistance facing 3,150.

Based on the above technical analysis, the midday trading strategy is as follows:

**Bitcoin**: Consider going long around 90,000, with 89,200 as an ideal entry point for adding positions. Set target levels at 91,500 and 92,000. If the price breaks through the 92,500-93,500 zone, prepare for a short position, expecting a pullback of about 2,000 points.

**Ethereum**: Position long trades around 3,085, adding more if the price retraces to 3,030. The targets are also in two stages: first at 3,150, then at 3,180. If the price reaches 3,180-3,230, consider short positions, expecting a pullback of about 100 points.
BTC-0,17%
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CryptoPunstervip
· 5h ago
89,200 I don't know if it can hold, my psychological defense line has already broken [Dog Head] It's both a support level and a resistance level, sounds like selling ointment at a street stall, curing all diseases Everyone is betting on this level now, winning means going to heaven, losing means going to hell. I just want to ask, what if the support level is fake? There are a bunch of target levels, 3150, 3180, 92000, making me almost believe it. The key is I have no capital to test and learn Is the round number 90000 really so magical? I feel like it's just a psychological effect Brothers going all-in, are you ready? Today might continue to test our resolve Looking at these numbers, I remember last year around 89000, I was looking at it the same way, and then there was no more afterward
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GweiWatchervip
· 01-09 05:50
Is it really impossible to break through the 89,200 level? It feels like every time it's just a false alarm. ETH 3050 is just like this; anyway, I don't dare to add to my position. Can we break 92,000? It's always stuck here, so annoying. I'm skeptical about going long at 90,000. Better wait for 89,200 to buy again. Is 3,150 a curse? It keeps getting hammered down every time. Is this wave a rebound or is it really starting to rise? Who knows. I'm waiting at the order for 89,200. Let's see what happens.
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liquiditea_sippervip
· 01-09 05:45
If 89,200 can't be held, the entire narrative will collapse. This time, I truly feel it's different.
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RatioHuntervip
· 01-09 05:38
If I can't hold 89200, I really won't be able to sleep. This move is basically a gamble on support; if it breaks, it's over. The 3050 level doesn't seem very stable; let me take another look. It's oscillating again, and I'm adding positions. My wallet is crying.
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FreeRidervip
· 01-09 05:24
If we can't hold 89,200, we're done for, gotta take a gamble --- It's the support level again, how many times have I said this, can we really stand firm this time? --- Ethereum 3050 is truly the last fortress, once broken, it's over --- Is the 90,000 long position going to be cut again? I just want to ask --- Talking about target levels every day, but it's probably just guesswork, oh dear --- 3150 looks good, but I always feel like I can't reach it --- Let's stick to the position, everyone, or we'll all suffer losses --- Is 92,000 resistance this heavy? Feels like it might break easily
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