Yesterday's strategy was to go long on Bitcoin at 90000 and 89200, and on Ethereum at 3085. Those who followed have achieved good gains—Bitcoin profit of 2000 points, Ethereum 50 points. This wave of market movement has been relatively smooth.
From the daily chart of Bitcoin, the price stopped falling around the 90000 level yesterday, showing decent stability. Looking downward, the real key support is at 89000; if it breaks below this, caution is needed. On the 4-hour chart, around 89200 forms an effective support, making it difficult for a short-term pullback to break below this level. On the resistance side, 92000 on the 4-hour chart is a clear ceiling. On the 1-hour chart, 90600 can be seen as the midpoint of consolidation; fluctuations around this area are quite normal.
On Ethereum, the short-term pullback reached the 3030 level, which is a critical support. Looking upward, support below on the 4-hour chart is around 3040, while the battle at 3100 on the 1-hour chart is quite interesting—this level can be considered a short-term dividing line between bulls and bears.
Entering the Saturday trading session, my approach is as follows: Bitcoin will oscillate within the 91500 to 90000 range, so no need to be too aggressive; Ethereum will fluctuate between 3150 and 3070. The release of US non-farm payroll data will influence the market rhythm, but from a technical perspective, the recent support and resistance levels are already quite clear. Following this framework should help avoid major deviations.
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.
12 Likes
Reward
12
6
Repost
Share
Comment
0/400
LuckyBlindCat
· 6h ago
Following yesterday's order was a huge profit, 2000 points is really awesome, this feeling is great.
View OriginalReply0
SunshineEarnU
· 18h ago
Hold on tight, we're about to take off 🛫
View OriginalReply0
SatoshiChallenger
· 01-10 08:58
2000 points profit? That's what they said last year at this time too, and look what happened.
View OriginalReply0
FloorSweeper
· 01-10 08:52
That wave yesterday was really satisfying. Brothers who followed along with the gains are all smiling, just worried that today's non-farm payroll report might spoil the fun.
View OriginalReply0
HashBandit
· 01-10 08:38
ngl the 2000pt btc scalp is nice but we all know this support breaks eventually... back in my mining days we used to watch the 4h like hawks too lmao, gas fees would've eaten half those gains tbh
Reply0
DefiOldTrickster
· 01-10 08:34
That wave yesterday was really satisfying; a 2000-point gain justifies my baldness. But the real arbitrage opportunity is still ahead—the US Non-Farm Payrolls day is the true battleground.
Yesterday's strategy was to go long on Bitcoin at 90000 and 89200, and on Ethereum at 3085. Those who followed have achieved good gains—Bitcoin profit of 2000 points, Ethereum 50 points. This wave of market movement has been relatively smooth.
From the daily chart of Bitcoin, the price stopped falling around the 90000 level yesterday, showing decent stability. Looking downward, the real key support is at 89000; if it breaks below this, caution is needed. On the 4-hour chart, around 89200 forms an effective support, making it difficult for a short-term pullback to break below this level. On the resistance side, 92000 on the 4-hour chart is a clear ceiling. On the 1-hour chart, 90600 can be seen as the midpoint of consolidation; fluctuations around this area are quite normal.
On Ethereum, the short-term pullback reached the 3030 level, which is a critical support. Looking upward, support below on the 4-hour chart is around 3040, while the battle at 3100 on the 1-hour chart is quite interesting—this level can be considered a short-term dividing line between bulls and bears.
Entering the Saturday trading session, my approach is as follows: Bitcoin will oscillate within the 91500 to 90000 range, so no need to be too aggressive; Ethereum will fluctuate between 3150 and 3070. The release of US non-farm payroll data will influence the market rhythm, but from a technical perspective, the recent support and resistance levels are already quite clear. Following this framework should help avoid major deviations.