2026-01-08 01:22:31

This morning, BTC hovered around the high of $92,000 with limited 24-hour decline. Support around $91,000 remains relatively stable, but breaking above $94,000 faces significant resistance. ETH also weakened simultaneously, fluctuating within the $3,260 range, with $3,180-$3,200 forming a bottom support, while $3,300 has become the recent ceiling. Notably, XRP performed relatively weakly due to the ETF withdrawal impact, while mainstream altcoins like SOL and others generally followed the market trend with fluctuations.

Overall, the market is in a consolidation phase at high levels, lacking a clear breakout direction. Evening economic data and trading volume changes may become key triggers. It is recommended to control position sizes and closely monitor whether trading volume effectively expands.

BTC4,4%

ETH7,32%

XRP6,04%

SOL5,03%

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.

20 Likes

Reward
20
6
Repost
Share

Comment

0/400

MetaverseVagrant

· 01-10 21:30

94,000 this wall really can't be broken through, feels like it needs to be endured a little longer ETH at 3300 is like a steel gate, spinning around here every day XRP is directly held down, the ETF withdrawal really hits hard Don't act recklessly before the trading volume increases, now is the time for patience, the smartest move right now

View OriginalReply0

StablecoinSkeptic

· 01-08 01:47

94,000 is really a tough hurdle; it feels like the bulls are a bit weak right now. Thinking about XRP just makes me angry; the ETF withdrawal directly caused a setback. Don't act recklessly without increasing volume; isn't it better to sit and wait for signals? The most annoying part of the consolidation phase is this feeling of being stuck in the middle. 3,300 is indeed the ceiling; ETH has been a bit sluggish lately.

View OriginalReply0

BakedCatFanboy

· 01-08 01:40

The pressure of 94,000 is so high; it's better to stay cautious for now and wait until trading volume increases before taking action.

View OriginalReply0

BlockImposter

· 01-08 01:37

94,000 is a really tough hurdle, feels like today is just dragging on. Wait for the evening data; entering now is just gambling. XRP took a bit of a hit this time, it collapsed as soon as the ETF was withdrawn, still have to watch how the mainstream coins perform.

View OriginalReply0

ProtocolRebel

· 01-08 01:35

The 94,000 resistance level is really holding strong, it feels like we have to wait for evening data to break through. XRP got manipulated again? The ETF issue is really frustrating, can we still play properly? Without increased volume, I really don’t dare to move. I’m already tired of this consolidation at high levels. 3300 for ETH is like a ceiling, trying every day and getting knocked down every day. Controlling position size sounds simple in theory but hard to do in practice. FOMO really is human nature. If 91,000 breaks, then I’ll believe it’s truly a decline. Right now, this volatility is just messing with people. Altcoins are just like this; if Bitcoin doesn’t move, they can’t cause any trouble.

View OriginalReply0

AirdropHunterWang