The weekend's US stock market operations were handled decisively and efficiently. The initial concern about a major decline turned out to be a significant bullish signal. From this perspective, US stocks are likely to continue pushing upward, and the crypto market is also quite likely to follow the trend.
Yesterday, both Bitcoin and Ethereum moved up briefly, but then entered consolidation, which is actually a sign of accumulation at high levels. Once the platform is established, there's a good chance of further breakout.
From a technical standpoint, if this rally can maintain its strength, Bitcoin is likely to reach the 93,000 level, which is roughly the peak for this period. Ethereum's target range is set between 3,180 and 3,200.
If the market continues to stay strong and US stocks keep hitting new highs, Bitcoin could push toward 93,500 or even 94,500+, and Ethereum could surge past 3,250+.
Key resistance levels to watch: for Bitcoin, 91,800, 92,556, 93,000, 93,500, with absolute resistance at 95,000; for Ethereum, watch 3,150, 3,180, 3,283, 3,400, with absolute resistance at 3,500. The overall environment is currently bullish, and whether these levels hold will directly impact the subsequent market trend.
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GasFeeVictim
· 01-05 08:31
The US stock market wave was indeed powerful, but I still have some doubts. I feel like this might be a trap to lure more buyers, and the crypto market is just happily rushing upward.
Wait, can it really reach 93,000? I always feel like it stalls around 92,500 and then starts to fall back. History always repeats itself.
It's true that accumulating at high levels is a good strategy, but don't get too optimistic. This kind of consolidation could be a sign of distribution.
I'm optimistic about Ethereum reaching 3,250, but that target for Bitcoin seems a bit uncertain.
Is it real? When the US stock market hits new highs, does the crypto market go crazy too? We said the same last year, and look what happened...
Right now, the market can be summed up in two words: I don't believe it.
I can't remember these resistance levels exactly, but let's see if it can break 95,000.
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PuzzledScholar
· 01-04 23:50
You're just hyping again. Whether this wave of accumulation can succeed is really uncertain.
The US stock market is indeed interesting, but in the crypto world, following the trend depends on the Federal Reserve's stance.
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HashBard
· 01-04 23:50
ngl the whole "high-level accumulation" narrative feels like we're watching the market write its own poetry rn... but those resistance levels? yeah, they're the real plot twist nobody's talking about.
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AltcoinTherapist
· 01-04 23:48
Oh no, it's that same story of accumulating at high levels. Every time, it ends up just sideways.
I've heard the 93000 level so many times. How come the expectations keep changing then?
Can Ethereum really break through 3180? It feels like each cycle gets stuck right here.
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IronHeadMiner
· 01-04 23:43
The recent trend in the US stock market is indeed powerful, and the crypto circle is following suit. Is there no problem for BTC to hit 93,000?
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I've heard this story of accumulating at high levels too many times. Will it really break through this time or just fall again?
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Numbers like 93,000 and 94,500 sound great, but it's awkward if you can't hold the resistance levels.
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Ethereum at 3,250 feels a bit uncertain; let's talk about it again when the time comes.
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The overall environment is strong, but what does that matter? When US stocks plunge, the crypto market still crashes. Don't trust this narrative too much.
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Is consolidation just accumulation? Haha, easy to say, but who really knows?
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The absolute resistance level at 95,000 feels a bit fake; anyway, I don't believe it.
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This technical analysis looks professional, but I just don't know how the market will move in the next second.
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BTC just needs to push up a little, and I get excited. I'm used to being fooled.
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Is the 3,500 resistance line really absolute for Ethereum? Just asking a genuine question.
The weekend's US stock market operations were handled decisively and efficiently. The initial concern about a major decline turned out to be a significant bullish signal. From this perspective, US stocks are likely to continue pushing upward, and the crypto market is also quite likely to follow the trend.
Yesterday, both Bitcoin and Ethereum moved up briefly, but then entered consolidation, which is actually a sign of accumulation at high levels. Once the platform is established, there's a good chance of further breakout.
From a technical standpoint, if this rally can maintain its strength, Bitcoin is likely to reach the 93,000 level, which is roughly the peak for this period. Ethereum's target range is set between 3,180 and 3,200.
If the market continues to stay strong and US stocks keep hitting new highs, Bitcoin could push toward 93,500 or even 94,500+, and Ethereum could surge past 3,250+.
Key resistance levels to watch: for Bitcoin, 91,800, 92,556, 93,000, 93,500, with absolute resistance at 95,000; for Ethereum, watch 3,150, 3,180, 3,283, 3,400, with absolute resistance at 3,500. The overall environment is currently bullish, and whether these levels hold will directly impact the subsequent market trend.