2026-01-05 01:27:15

Bitcoin Morning Market Update and Trading Strategy

On the four-hour chart, Bitcoin maintains a strong upward trend. The price stays above the middle line of the ascending channel, with each pullback forming higher lows. There is clear buying support below, and bulls are eager to buy in.

Recently, when testing around 92,200, there was no sign of increased volume stagnation or intensified selling pressure. This indicates that the upward movement is a normal trend progression rather than a short-term spike.

On the one-hour chart, the price rebounded quickly from 90,790 this morning. A long lower shadow candlestick formed, followed by consecutive bullish candles, shifting from consolidation to a mildly strong upward pace. Bulls are clearly dominating the scene.

As long as key support levels hold, Bitcoin is likely to oscillate at high levels to digest selling pressure, then gather strength for another upward breakout.

The trend remains in the hands of the bulls; this oscillating upward structure has not changed. Holding positions or adding on dips are relatively prudent strategies. The market is brewing, and the next wave of gains may already be on the way.

ETH's performance is also worth watching, with similar technical signals emerging.

ETH-1,71%

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TokenomicsDetective

· 23h ago

90790 rebound looks pretty good this time, the bulls are indeed bottom-fishing Can it break through this key level at 92200? Feels like we need to wait a bit more Hold your position and wait for the next wave This morning's movement was quite interesting, the support level held firmly Should I add to my position again? Feeling a bit itchy ETH is also getting lively, let's take off together

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DuskSurfer

· 01-06 11:39

90790 this support holds firmly, the bulls still have some strength Gradually accumulating chips is the way to go, don't rush Once 92200 is broken, there shouldn't be much suspense, right? High-level fluctuations are annoying, but as long as the trend is intact, don't bottom fish Feels like ETH hasn't moved yet, just waiting? This rebound is a bit mild, let's wait and see Adding positions or holding, still debating

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SchrodingersPaper

· 01-05 18:49

Here we go again with this routine? You sound convincing, but I'm just asking if 92200 can be broken? Don't trick me into adding more positions again.

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GasFeeLady

· 01-05 01:57

honestly the support holding at 90790 is giving me "optimal window" vibes... if we don't see that wick get reclaimed i'm watching gwei like a hawk ngl

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DiamondHands

· 01-05 01:57

This wave of momentum is indeed good, but I'm just worried it might be a false alarm again. --- The bulls are so aggressive in taking over, can't 92200 really break? --- The support level is holding tightly, but could this buying volume also be a relay baton? --- Looking at ETH again, what could this be hinting at? --- I can sleep peacefully holding my position, but I don't dare to gamble on buying more on dips. --- I'm tired of the strong trend; the key is whether it can break through. --- The long lower shadow + bullish candlestick pattern—I've seen too many cases of it reversing.

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JustAnotherWallet

· 01-05 01:55

Ah, it's the same old story, low rebounds, bullish strength... I've been hearing this tune for a long time, but when will there really be a big surge? Holding the support level steady guarantees a rise? I feel like every time it's said, it just ends up sideways, frustrating everyone. We've tested 92200 so many times, it should have broken through by now. I'm a bit exhausted. Add to position? Bro, I'm already fully loaded. Now I'm just waiting for this rally to really come. I'm also watching ETH, but honestly, whether it can break through this time is still uncertain.

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ThesisInvestor

· 01-05 01:51

90790 rebound, this wave feels like a shakeout, the bulls are still very fierce As long as BTC holds the support, it's fine. Breaking through 92200 shouldn't be a problem I'm really bad at clearing positions in the morning ETH rising along with BTC, this rhythm indeed allows for a good entry point

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DancingCandles

· 01-05 01:43

Holding the 90790 support level is a positive sign; be cautious when adding positions. I'm a bit tired of this kind of fluctuation. When will there be a true breakout? The 92200 resistance level feels a bit weak; next time we should aim for a direct breakthrough. How's ETH doing? Is it also following the trend? The bulls are indeed in control, but it feels like this rally lacks sufficient trading volume support.

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