2026-01-07 11:30:38

January 7 Market Analysis

Yesterday's bullish setup in Bitcoin yielded a nice $1600 profit margin, but after a rally on the daily chart, it encountered resistance, leaving a doji with a long lower shadow. Although there is support below, the price tested the lows again after today’s open, and the Bollinger Bands are widening. The short-term moving averages still appear to be trending upward, but the MACD fast and slow lines have started to turn after crossing zero, indicating a potential slowdown. Volume has also decreased. Additionally, the KDJ hit the ceiling near 100 and turned downward, while the VR indicator fluctuates around 90—indicating that the bullish momentum is waning.

Switching to the four-hour chart, after a spike in the early morning, the market has been oscillating between bullish and bearish. It is now barely holding above the middle Bollinger Band, which has started to contract from its previous expansion. The short-term moving averages are turning downward, and the MACD has formed a dead cross at high levels, but volume has increased—this is a warning sign. The KDJ continues downward after turning, and the VR hovers around 140. Honestly, this slow bull run has been quite steady since its inception; yesterday’s small dip was just a minor interruption, and prices quickly recovered, so the short-term upward pattern remains intact. However, traders should remember: in a slow-rising market, sudden sharp declines are common, so avoid chasing highs in the short term. The safest approach is to enter around support and resistance levels. Keep an eye on the four-hour middle Bollinger Band support, and continue to follow previous assessments for resistance levels.

Looking at Ethereum, yesterday’s long entry was precise, earning over 120 points directly. The technicals on the daily chart differ slightly from Bitcoin—Ethereum’s recent candle closed with a solid bullish candle, and the price is firmly above the upper band, indicating slightly stronger strength than BTC. However, in the current market environment, Ethereum is unlikely to move independently; it will still follow Bitcoin’s rhythm. In the short term, support around 3200 is crucial, with resistance at the daily EMA200 level.

Trading Suggestions:
Bitcoin: Buy at 89800-90800, target 92800-93600
Ethereum: Buy at 3140-3180, target 3260-3300

#以太坊大户持仓变化 $ETH

ETH-0,92%

BTC-1,37%

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StablecoinArbitrageur

· 01-10 11:28

honestly the MACD divergence here is textbook distribution... that volume spike on the 4h candle paired with the dead cross? classic institutional accumulation before the flush. been backtesting this exact pattern and it hits ~73% of the time on 30-day rolling basis.

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FadCatcher

· 01-10 11:05

I didn't buy during that $1600 wave yesterday. Today, seeing the MACD death cross, I feel a bit regretful. It seems this slow bull run might turn into a sharp decline.

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MentalWealthHarvester

· 01-07 11:59

Yesterday's trades were great, but today's MACD reversal really makes people uneasy. It feels like skydiving and just landing when you're told the air currents are about to change—that's the worst feeling. Stick to support levels when entering, don't chase highs; the chances of winning are higher.

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SatoshiSherpa

· 01-07 11:51

Made $1,600 yesterday, that wave was really awesome, but today's trend is starting to feel a bit unsettling. The MACD has already formed a death cross.

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LiquidityWitch

· 01-07 11:43

A profit of $1600 is pretty good, but now this market feels a bit dull... I also see the MACD turning around, don't chase the high and risk losing everything.

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NftRegretMachine

· 01-07 11:42

$1600 just ran away? Man, your mental toughness is impressive. --- The MACD death cross seems like it's about to play out again, always messing around like this. --- Wait, is Ethereum stronger than BTC? Why is it still following BTC... I don't quite get it. --- I'm skeptical about the middle band support; it might break below. --- $120 points straight into the pocket? Nice luck on this move. --- Entering long again at $89,800. Can we rely on this one? --- Volume increasing while the death cross appears—shouldn't we be cautious? --- Ethereum is just a follower, lacking its own rhythm. --- The KDJ ceiling is pointing downward; tomorrow might be a shakeout day. --- I think $3,200 support is hard to hold; better be prepared for a drop.

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NervousFingers

· 01-07 11:41

Yesterday's bottom-fishing was satisfying, but today I'm starting to doubt life again. This market trend is indeed a bit strange.

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SmartContractRebel

· 01-07 11:39

A $1600 profit is really impressive, but looking at this MACD turning point, it seems like there might be a retracement later. Yesterday's precise entry was indeed satisfying, but the Bollinger Bands have been too volatile this month, so short-term caution is necessary. The biggest risk in a slow bull market is a sudden drop. According to analysis, it's safer to lay low at support levels. When will Ethereum's fate of following Bitcoin change? I always feel like something's missing. This wave of market movement has already peaked in KDJ. I think it's best to stay on the sidelines for now.

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