#数字资产行情上升 Yesterday, the US stock market saw the NASDAQ and S&P reach new highs, but they jumped back down near the close. The crypto market also adjusted accordingly. To be honest, the market size is just there; it can't compare to the US stock market. Larger fluctuations are normal.
There are a few reasons for today's decline: Trump's recent series of actions, which imposed restrictions on defense contractors and institutional home purchases, coupled with insufficient cooperation from Venezuela, mean that in the short term, we still need to watch how monetary policy develops. The job vacancy data also didn't look promising, so non-farm payrolls need to be closely monitored.
The weekly risk level is still there. The key now is whether the daily chart can drive the weekly chart. If it moves upward, it won't end so quickly because the daily chart is still making a direction choice. If it can stabilize above 90,000 and maintain good volatility, there is room for further upward movement. The focus is on whether the fast and slow lines on the daily chart enter a bullish area and whether volume can continue to increase—only then can the trend be sustained. A break below 90,000 would mean taking profits mainly. Pay attention to the rebound strength and bottoming process on the 1-hour chart intraday. Support is at 90,500-90,000, resistance at 91,800-92,800.
The trend is similar to Bitcoin; it also depends on whether the daily chart has enough volume. If it does, it will attempt to test around 3300-3400. The short-term bottom line is that 3070 must not be broken. Also, watch the 1-hour consolidation and bottoming process. Support is at 3120-3066, resistance at 3200-3260.
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MetaReckt
· 01-11 01:30
Once we break 90,000, we should run; this wave is a bit risky.
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AllInDaddy
· 01-08 02:00
90,000 is a critical level, politely called a "key position," but harshly speaking, it's a life-and-death line. Break through it, and you'll have to cut your losses.
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On-ChainDiver
· 01-08 01:56
Whether 90,000 is broken or not is the key; if it's broken, you have to run.
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FlyingLeek
· 01-08 01:54
It has dropped again; this wave of momentum is truly incredible.
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ser_we_are_early
· 01-08 01:47
90,000 DAI, hold on, or else you'll have to cut losses again.
#数字资产行情上升 Yesterday, the US stock market saw the NASDAQ and S&P reach new highs, but they jumped back down near the close. The crypto market also adjusted accordingly. To be honest, the market size is just there; it can't compare to the US stock market. Larger fluctuations are normal.
There are a few reasons for today's decline: Trump's recent series of actions, which imposed restrictions on defense contractors and institutional home purchases, coupled with insufficient cooperation from Venezuela, mean that in the short term, we still need to watch how monetary policy develops. The job vacancy data also didn't look promising, so non-farm payrolls need to be closely monitored.
**$BTC at this position**
The weekly risk level is still there. The key now is whether the daily chart can drive the weekly chart. If it moves upward, it won't end so quickly because the daily chart is still making a direction choice. If it can stabilize above 90,000 and maintain good volatility, there is room for further upward movement. The focus is on whether the fast and slow lines on the daily chart enter a bullish area and whether volume can continue to increase—only then can the trend be sustained. A break below 90,000 would mean taking profits mainly. Pay attention to the rebound strength and bottoming process on the 1-hour chart intraday. Support is at 90,500-90,000, resistance at 91,800-92,800.
**$ETH situation**
The trend is similar to Bitcoin; it also depends on whether the daily chart has enough volume. If it does, it will attempt to test around 3300-3400. The short-term bottom line is that 3070 must not be broken. Also, watch the 1-hour consolidation and bottoming process. Support is at 3120-3066, resistance at 3200-3260.