Here we go again! $BTC is at $89,000 and $ETH is at $3,000, testing the patience of the bulls once more. Can it break through? We'll know by tonight's performance.



The market is currently stuck at these key resistance levels, repeatedly testing, with neither bulls nor bears able to make a decisive move. The real direction will be decided in the next one or two days.

The Christmas holiday has had a significant impact. Major institutions in Europe and America are on holiday, and market liquidity has dried up, making it very awkward—small amounts can cause big fluctuations. The dip this morning and rebound at noon, frankly, are the result of low liquidity leading to short-term clashes between the two sides. Plus, there are $23-27 billion worth of Bitcoin options expiring today, which was supposed to be a big event, but in the context of light trading, it has become even more unpredictable.

Bitcoin repeatedly approaches $89,000, and this level is no easy hurdle. The daily midline and several recent rebound highs are clustered here, creating real pressure.

If it truly breaks and holds above $89,000, the next target is the $90,000 round number, or even higher. Conversely, if it surges and then falls back again, the support zone below is at $86,000-$86,500. Once broken, the correction will accelerate.

Ethereum's situation is similar. $3,000 is a dead zone; it has been tested multiple times and pushed back each time, showing strong resistance. To move higher, it must break and stabilize above $3,000 to have a chance to reach $3,050-$3,100. If it can't push through, watch out for a return to the support zone at $2,880-$2,900.

The strategy is simple: wait until Bitcoin strongly breaks above $89,000 or Ethereum stabilizes above $3,000, then go in with a small position, targeting the upper resistance levels. Don't chase the highs; timing is everything.
BTC-0.43%
ETH-0.64%
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GasOptimizervip
· 6h ago
It's just a false move under low liquidity. When over 23 billion in options expire, the data will speak. Now, preemptively positioning will only cost Gas fees.
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FlyingLeekvip
· 6h ago
This market is really torturous, three memes a day haha Liquidity drying up is like this—any little breeze causes a upheaval. I'm used to it by now. The key is to see how institutions move; retail investors follow too late.
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SchrodingerWalletvip
· 6h ago
Liquidity dries up, it's easiest to get crushed. Be careful not to be harvested like a leek.
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TokenCreatorOPvip
· 6h ago
Liquidity exhaustion is really a trap. Just a few hundred million can cause a ripple, and the Christmas event is indeed awkward. What's going on? 89000 is stuck, right? You really need patience when breaking through. When options expire, wow, the market is even more unpredictable in a calm environment. This is the feeling of gambling. I believe in the approach of light positions and following up. Really, you can't chase highs anymore. The rhythm is the most important—this is what I truly feel. $3000 is a dead end for Ethereum. I've been hit so many times trying to break through, and the pressure is really heavy. Just wait honestly, don't mess around. Let's see who reveals their true face first.
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