2026-01-02 21:22:56

From a weekly perspective, both Bitcoin and Ethereum are currently facing moving average resistance. In recent days, multiple attempts to test the 3-day moving average have been suppressed and pulled back, and this suppression pattern is still ongoing.

Based on the current technical outlook, here are the following trading ideas:

For Bitcoin, consider short positions at 92,300. If there is a rebound to around 93,600, consider adding to the position, with a stop loss set at 95,000. This setup provides room for price exploration while effectively controlling risk.

For Ethereum, the entry point for a short position is at 3,215, with the possibility to add at 3,378, and a stop loss at 3,478. The logic for both assets is consistent—look for high-level selling opportunities under moving average resistance.

The key to the market still depends on whether these critical moving averages can be effectively broken through. In the short term, it is highly likely that the price will repeatedly confirm around these levels.

BTC0.17%

ETH-0.36%

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ApeShotFirst

· 3h ago

It's the same old moving average resistance again. I see through it haha. Am I really going to get proven wrong this time? If it breaks 95,000, I'll go all-in short and take a gamble.

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airdrop_huntress

· 22h ago

It's the same moving average resistance play again; I've seen this routine too many times. Honestly, shorting at 92,300 feels a bit greedy. Replenishing positions only after a rebound to 93,600 seems like a too-small window. Ethereum's side is quite clear in logic, but I'm just worried it might be another round of shakeouts. Bet on them breaking through the moving averages? I don't believe it for now.

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Rugman_Walking

· 22h ago

Is it that moving average pattern again? Can it break through this time? Bro, your stop-loss setup is a bit tight. Only 2,700 points of space from 95,000, easy to get swept. Always talking about selling high, but I always feel like I got sold high. Entering a short position at 92,300? Better to wait for a break below. Entering now feels like being the sucker. Ethereum at this level is interesting, but I still can't understand why it keeps bouncing around these few levels in the short term.

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WalletDetective

· 22h ago

The pressure of the moving averages really needs to be watched closely, feels like we're about to go through the same ordeal again. --- Listening to 92300 short sounds good, just worried about being smashed through again. --- If this wave can really break through the moving averages, it will take off directly. It's still too early to say now. --- The points for adding to short positions are set quite precisely, but the market isn't so obedient. --- It's another repeated confirmation. I'm getting tired of it. When will there be a clear direction? --- Entering Ethereum at 3215 feels a bit conservative. Can it be a bit earlier? --- Stop loss at 95000? That’s about right, at least it’s more reassuring. --- I agree with this logic, but the execution always falls a bit short.

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GasSavingMaster

· 22h ago

Once again held down by the moving average. Can it break through this time? --- Sold 92,300, feeling like the stop-loss is bleeding. --- Trying to test the resistance every day, when will it finally break out? --- Entered a short position at 3215, betting on it to go down... but this pattern always seems to say the same thing. --- The pressure from the moving average has been discussed for a long time; ultimately, it depends on whether the funds are willing to push the price down. --- Adding to the position again, going to increase the stake. The wallet is getting a bit tight. --- What is the repeated confirmation at this level for? Might as well wait for a clear direction.

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GateUser-4745f9ce

· 22h ago

It's the moving average resistance again. I've heard this explanation so many times, but it still hasn't broken through. Are people now willing to take short positions like this? Feels a bit risky. Repeatedly bouncing between 92300 and 93600. So boring.

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