2026-01-08 08:29:27

The market has reached a critical point; let's first look at Bitcoin's momentum.

On the Bitcoin side, the key resistance level to watch today is 92,600. If it can break through and hold above this level, it signals a halt in the decline, and there is potential to surge towards 94,800. Conversely, if it fails to reclaim above 92,600 today, be prepared for further downside. The support levels are at 90,000 and 89,000. If the price tests these levels without breaking below, the rebound probability is higher. Once these levels are broken, the last line of defense for the bulls is 87,000; only a break below this would truly turn the trend bearish.

Now, let's look at Ethereum's performance. Today's resistance is at 3,200. A break above this level would confirm a halt in the decline, opening up a second surge opportunity targeting the 3,280 to 3,300 range. However, if the price remains below 3,200 intra-day, the probability of continued small-scale consolidation and oscillation increases. The key support levels are at 3,050 to 3,100; if these are not held, a retest of 2,900, the bulls' defensive line, is likely.

From the current small-scale trend, the correction has arrived as expected. The key is whether these supports can hold—if they do, the second surge continues, and the rebound trend is far from over. Conversely, once these defensive levels are broken, the trend will truly turn bearish.

For spot swing trading, traders who have reduced their positions at high levels can wait for the support to be tested and hold without breaking before re-entering. Then, focus on defending this level and engaging in a battle for the second surge.

BTC4,06%

ETH6,92%

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GhostAddressMiner

· 01-11 08:09

If 92,600 can't be broken... I see these dormant addresses have become active again recently, which is suspicious. Politely, it's called an adjustment; harshly, it's just large investors reorganizing their chips. Once the 87,000 level is broken, there's really no hope.

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AirdropGrandpa

· 01-11 08:03

92600 this level must be held, otherwise you'll keep taking hits. If Bitcoin can't break through, 87000 is the real bottom line, right? ETH 3200 just won't break, feels like we'll be messing around here for a while. I've heard the story of a second surge too many times; will this time be another mirage? If the support level breaks, the bulls are truly out of luck; this wave is a bit risky. Those entering now are all warriors; wait for a pullback before acting. If the defense line can't hold, I'll cut losses; anyway, I can afford the loss.

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ContractFreelancer

· 01-09 19:26

92600 this threshold is a bit tough; it seems like breaking below it today won't be easy.

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BearMarketSurvivor

· 01-08 08:58

It's already at 92,600, and you're still hesitating. The key is whether the support level can hold. That's the real battleground.

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ArbitrageBot

· 01-08 08:57

If you can't break 92,600, you should add to your short positions. Stop gambling.

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DegenWhisperer

· 01-08 08:53

92600 is really a hurdle; if you can't break through, you'll just have to wait to be hit.

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SatoshiChallenger

· 01-08 08:52

Data shows that this set of theories collapsed once in the last cycle, and yet they dare to use it again [cold laugh]. Historical lesson: every time they talk about the "defense line," and what happens? Objectively speaking, these integer thresholds mock the fact that retail investors mostly get wiped out here. Interestingly, the phrase "as scheduled" is used quite skillfully. I'm not arguing, but the daily chart is like this, and it still needs a second or third attempt? Dream on. Come on, let's see whose predictions will still hold up in half a year.

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BlockTalk

· 01-08 08:38

If 92600 doesn't break, I won't believe in a rebound. This time, it all depends on whether Bitcoin is serious or not. Damn, it's another test of mental strength. It's been so turbulent every three days. If the support can't hold, I really have to panic. Only when 87000 is broken will it be considered over. As for Ethereum, if it doesn't stay above 3200, forget about it. Continue to wait and see at lower levels. Wait for the support to retest before entering again. I've been caught in this pattern twice already, haha. Breaking through the defense line is truly a bearish signal. But it's not there yet. If a second surge really happens, just take some profit and run—don't be greedy. This psychological game is even harder than analysis. Whoever can stay steady will make money.

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gaslight_gasfeez

· 01-08 08:36

If 92,600 doesn't break, I won't believe the decline has stopped. I'm tired of hearing this explanation. It's always about double rebounds and support lines. It feels like they say the same thing every time, but what’s the result? Right now, Bitcoin's fate depends on whether it breaks 90,000 or not; everything else is just talk. Waiting to see how 3,200 moves. If Ethereum can't push higher this time, then it will really be panic. No matter how good the words sound, you have to look at the order book; data is the real thing.

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