In recent days, Bitcoin and Ethereum have been fluctuating within a narrow range, exhibiting the typical "top on the upside, bottom on the downside" oscillation pattern. From a technical perspective, both bulls and bears are engaged in continuous battles at key price levels, with short-term upward momentum clearly lacking.



Regarding price levels, Bitcoin faces strong resistance around 92,500 and nearby, while 89,500 is an important psychological threshold, followed by the 89,000-90,40 zone. A volume-backed breakdown below this could trigger a larger correction. Ethereum is under pressure near 3,180, with 3,060 below also serving as a critical support level.

From the daily chart indicators, both assets are facing significant upward pressure. On the macro level, although December US non-farm payroll data are mixed, the market still awaits further data confirmation to form a new consensus. Until then, Bitcoin and Ethereum are likely to continue their range-bound oscillation.

In terms of trading strategy, consider long positions around 89,500-90,000 for Bitcoin, targeting near 92,000; for Ethereum, position around 3,050-3,070 with a target of 3,140-3,170. Of course, the key is to wait for volume-backed breakouts above resistance or below important support to confirm a new direction. Market conditions are constantly changing, so real-time adjustments are necessary.
BTC-0,34%
ETH-0,94%
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TooScaredToSellvip
· 9h ago
Another frustrating choppy market, really damn annoying Let's wait until the volume increases again, I haven't moved my coins at all This non-farm payroll data is disappointing, why is it still oscillating here... Only consider trading after breaking 89500, for now just lying flat and watching the show Ethereum is still too weak, feels like there's no opportunity
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IntrovertMetaversevip
· 01-10 07:50
Another period of narrow fluctuations, I'm really fed up. When will there be a market trend?
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ser_ngmivip
· 01-10 07:49
Same old story... oscillation, support, resistance, waiting for data confirmation? Alright, I'll just keep holding like this.
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GweiTooHighvip
· 01-10 07:43
It's that old boring range-bound oscillation again, always talking about waiting for a breakout. My flowers have withered waiting for it. Feels like this wave of market movement is just wearing out our patience. Trying one lot at over 89,500—can't lose much anyway. With US data so uncertain, I’d rather stay on the sidelines for now; it feels more secure. ETH at this price level is really pointless—either break 3050 or push through 3180, stop dragging it out. Feels like the market is tricking us into entering, so I’m staying firm and not moving.
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BlockBargainHuntervip
· 01-10 07:26
It's another deadlock situation, so frustratingly dull.
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