2026-01-06 09:29:30

Looking back at the recent market trend, since the 87,000 level, we've been consistently highlighting buying opportunities. The two target levels we provided yesterday—94,000 for Bitcoin and 3,200 for Ethereum—also proved to be accurate and fulfilled.

To be honest, although this wave of market movement seems to be driven by various news factors, upon deeper analysis, news is only a surface-level influence. The core reason lies in— from a larger cycle perspective—Bitcoin and Ethereum should have already entered a small bull phase. I have emphasized this logic repeatedly in previous analyses. As we approach the pre-New Year period, the small bull market has basically already started.

What’s interesting about this current pace is that the rise is very slow, slow enough to make you want to buy but also worry about getting caught in a dip. My straightforward advice: stop hesitating. Whether you're in spot long-term holdings or trading futures longs, seize every pullback opportunity to enter decisively. Because the potential upside of this market is ultimately limited, and catching up later will become increasingly difficult.

From a technical standpoint, on the daily chart, Bitcoin has consecutively formed multiple bullish candles, indicating a solid upward trend. However, on the hourly chart, around 93,950, there is high-level consolidation, suggesting short-term pullback pressure. The MACD histogram has expanded significantly, showing increasing bullish momentum, but the DIF and DEA are approaching overbought levels, so watch out for divergence risks. The hourly RSI has already reached 74.76, firmly in the overbought zone, indicating a short-term correction may be needed; conversely, the daily RSI continues to rise, suggesting the overall trend remains bullish. The EMA7 and EMA30 are both diverging upward, providing decent support. The price is still quite far from the EMA120, indicating a possible technical pullback.

In terms of trading strategy, the main long-term outlook remains bullish, with 89,000 as a support level and aiming towards the 100,000 mark. If there is a pullback, short-term short positions can be used to hedge risks.

Specific operational suggestions: Consider going long on Bitcoin in the 92,200 to 93,000 range, with targets around 95,600 to 96,500. For Ethereum, go long within the 3,100 to 3,140 range, targeting 3,240 to 3,280. If the price continues upward, watch for around 3,370.

Overall, those entering the market at this point should seize the opportunity quickly, as the market capacity and expected space are limited, and the slow upward pace won't last much longer.

ETH0,17%

BTC-0,03%

View Original

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.

24 Likes

Reward
24
9
Repost
Share

Comment

0/400

SerumSquirrel

· 01-09 06:59

Slow rise and overbought, this wave really has a bit of a mystical feel. Should I chase or not, I'm torn to death. 94000's accuracy is okay, but I'm still a bit nervous about the overbought level on the hourly chart. The 100,000 mark sounds very tempting, but I'm afraid of a sudden crash halfway through. Slow rise is the most annoying, watching it go up but not daring to chase. I remember the support at 89000, I’ll buy on a pullback. EMA120 is so far away, it still feels like there’s hope. RSI is over 74, short-term correction pressure definitely exists. Can this rhythm not last long? Then I need to act quickly. Is now the last chance to enter the market this year?

View OriginalReply0

MoodFollowsPrice

· 01-09 05:01

Wait, do 94,000 and 3,200 really get fulfilled precisely? I feel like I bought in too late haha --- Slow rise is the most annoying, really, FOMO to the point of questioning life --- I remember the 89,000 support level, in case of a pullback, I’ll go all in --- Anyway, everyone says the capacity is limited, so I won’t overthink it, just chase in and see --- Overbought but still rising? The market is just ridiculous --- The 100,000 threshold is indeed a bit far, will there be another pullback in the middle? --- Friends trading spot, you really can’t miss this opportunity --- RSI is already at 74, still dare to chase? I’m scared now --- The hourly chart is overbought, the daily looks bullish, this is when you’re most likely to get爆 --- In the 92,200-93,000 range, it feels like we can wait a bit longer --- Enter at 3,100 ETH, target 3,280, as clear as a math problem, just see if you can hold on

View OriginalReply0

ser_ngmi

· 01-08 22:21

Bro, I did catch that wave at 94,000, feeling good A slow rise is the most annoying, no matter how much you chase, it’s never satisfying RSI is almost 75, and you still dare to buy more? I think you really want to get trapped I remember the support level at 89,000; if it breaks, we’ll have to admit defeat Ethereum has been following the trend; let’s keep an eye on Bitcoin instead 100,000 threshold? I’ll trust you this time, and then you can boast later This rhythm is testing our psychological defenses It’s about time to rush in, just afraid we won’t be able to catch the train later

View OriginalReply0

ChainDoctor

· 01-06 09:59

Coming back with precise predictions again? I remember you said the same thing last time🤔 Speaking of which, this wave of gains is indeed a bit frustrating, slowly and leisurely making people uncomfortable. Can 100,000 really be reached, or is it just empty promises to appease the hunger? Holding spot positions long-term is fine, but the derivatives market is too complicated, better to forget it. The space is limited, that's true, but who dares to go all-in on this round? Let me check that 92200 point, not necessarily related.

View OriginalReply0

OldLeekConfession

· 01-06 09:51

A slow rise can indeed wear people out, but to be honest, I still think it's a bit too rushed. Speaking of which, I started calling for 88,000 back then, and now we're almost at 94, why the rush... Wait, your RSI is already overbought and you're still recommending to chase? Aren't you afraid of cutting the leeks? Haha. Bitcoin pushing towards 100,000 is indeed tempting, but this kind of slow bull market is most prone to repeated shakeouts, so being cautious isn't a bad idea. I'm also optimistic about the 92-93 range, but don't go all in.

View OriginalReply0

UnluckyLemur

· 01-06 09:51

Here comes the "Don't hesitate, jump in quickly" routine again... Why do I feel like it's always this tune? Wait, did 94,000 really hit the mark precisely? I remember the day before yesterday saying 93,500 was the key level. The slow rise is torturous, but what's even more torturous is the constant feeling that I might be the one caught in a trap. Can 100,000 really be reached? It feels a bit too confident, a little timid. Let's wait for a pullback before jumping in. No need to rush.

View OriginalReply0

BlockchainArchaeologist

· 01-06 09:49

94,000 that wave was a precise hit, your logic indeed holds up. Slow rises are the most annoying; afraid of being caught if you chase, better to wait for a pullback opportunity to get in. Supporting at 89,000 might be a bit conservative, but looking at the daily chart, the bullish sentiment is still pretty good.

View OriginalReply0

StakeHouseDirector

· 01-06 09:46

Oh my god, this wave really made a killing with the bottom fishing. Those who have been lurking are now taking off. Slow rise is the most torturous, want to chase but afraid of getting caught, it's just ridiculous. Can 100,000 really be reached? Feels a bit虚 (uncertain). Those who didn't get on this time, wait for the next one. Missing out isn't the end of the world. DIF is approaching overbought, yet you still dare to call for a long position. Your risk control is quite aggressive. The daily chart looks good, but the hourly chart is overbought. The操作空间 (trading space) is indeed tricky. I'll stay on the sidelines for now. Breaking 89,000 will decide everything. If broken, go straight for it; if not,缩 (shrink/withdraw). Thinking back to the last time I heard this logic, I got caught. This time, I'm extra cautious.

View OriginalReply0

NFTRegretDiary

· 01-06 09:38

94,000 really doesn't matter, but what I care more about is why this wave is so slow, I'm almost losing patience. Let's see if we can hit 100,000, and then talk about the rest. Suddenly I remember, even after being overbought, still shouting to buy in. This mentality is truly incredible. It's always buy on dips after a pullback. Fine, I’ll trust you this time. Is it real? Trust the daily chart with EMA120 so far away? Don’t you have a sense of proportion? Slow gains are the most torturous. I’d prefer a single wave to hit the target rather than this tug-of-war. Regarding entering long at 92,200, I think we should wait and see. Can 89,000 really hold? Sounds pretty risky. Entering Ethereum at 3100 still feels a bit timid. Maybe wait and see again. How many times have I said this logic? But nobody believes it. Long contracts? Sorry, I’m chicken. I prefer spot trading for peace of mind. With limited space, you’ve got to push harder. Otherwise, missing out might be irreversible.

View OriginalReply0