BTC experienced a weekly open after a weekend sideways movement on the 1.5th. From multiple timeframes, the 3-day and 2-day levels have formed effective time cycles, and it is crucial to observe whether the daily EMA can hold steady. The pillar structure built on the 8-hour and 12-hour charts, combined with the volume increase on the 2-4 hour levels, indicates a strong overall market trend. After rebounding from the zero line on the 30-minute chart, the short-term momentum remains upward.
In terms of technical levels, the resistance zones to watch above are at 93548, 94221, 95153, and 95576. The support levels below include 92638, 91509, 90800, and 90345. The current long-short ratio is 1.32, the panic index is at 42, and market sentiment is relatively balanced but slightly cautious.
Trading advice: Do not act decisively without a clear pattern; any trades must include stop-loss settings. The above content is for technical analysis reference only and does not constitute any investment advice.
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.
17 Likes
Reward
17
10
Repost
Share
Comment
0/400
fork_in_the_road
· 01-08 03:18
93548 Can this level be broken? Feels uncertain.
---
Another string of numbers, I just want to know when it will reach 100,000.
---
Stop-loss is easy to talk about; when it comes to critical moments, no one can care.
---
A long-short ratio of 1.32? Is that called balance? No matter how I see it, I feel nervous.
---
A weekly high opening is too early to be happy about; wait until the daily chart stabilizes.
---
The fear index is at 42; if this trend continues, it will still fall.
---
I never believe in patterns; I only look at capital flow.
---
Can the support at 92638 hold? If it breaks, we all have to run.
---
After such a long volume increase, is there more to come?
View OriginalReply0
MultiSigFailMaster
· 01-07 20:31
Daily chart stabilizes before taking action; this wave still feels like testing
---
It's the same story again, everyone must set proper stop-losses
---
The long-short ratio of 1.32 still seems a bit weak
---
Wait for a clear pattern before acting; entering now just gets you cut
---
The fear index is only 42, why does it feel like the market is still sleeping
---
Will 93548 break or not? That's the key
---
Protect your short positions, just afraid of a sudden surge
---
After such a long consolidation, be careful of being swept out when it breaks
---
Talking about so many levels is useless; the key is how EMA performs
---
Need to set stop-losses and wait for patterns; why is the operation space so small
View OriginalReply0
FarmToRiches
· 01-07 09:18
The daily EMA needs to hold steady, otherwise this strong wave will be in vain.
———
Wait, with such a large gap from 93548 to 95576, could it just drop sharply?
———
Stop-loss is really not something to skimp on. I’ve been burned by this before.
———
The long-short ratio of 1.32 feels a bit risky; why is there still some caution?
———
This chart looks good, but I’ll wait for the daily confirmation before taking action.
———
The zero-axis rebound is impressive. Is there still room for short-term upward movement?
———
The key is whether the EMA can hold steady; this is the watershed.
———
Is the support at 92638 reliable? If it breaks, it’ll be tough.
———
Four resistance levels are densely packed, making it not easy to break through.
———
Not taking action is truly wise; entering now is just gambling.
View OriginalReply0
HodlTheDoor
· 01-05 03:59
If the daily EMA can't hold steady, we need to exit
---
It's the same story again, the key is whether we can break through 95153
---
I'm waiting for the 92638 line
---
Fear index is at 42, the market's caution is quite excessive
---
Stop-loss must be set, I agree on that
---
Long-short ratio is 1.32, the bulls are still okay
---
Last week was a frustrating sideways consolidation, just waiting to see how high it can push
---
Let's first watch 93548, and see if it breaks
---
30-minute rebound isn't necessarily reliable, we still need to look at the daily chart
---
Think carefully before opening a position
---
The volume increase on the 4-hour chart is worth paying attention to
View OriginalReply0
ShibaSunglasses
· 01-05 03:56
Can the daily EMA hold steady? That's the key.
---
Why does it feel like the 93548 level is a bit uncertain this time?
---
Be sure to set your stop-loss; otherwise, expect to be cut.
---
Long/short ratio is 1.32, still somewhat bullish, but the fear index is only 42...
---
After such a long consolidation, there's finally some movement. Let's see if it can break through 95153.
---
Not taking action is the best strategy. This market trend still needs to be observed further.
---
If 90345 is broken, it's really time to exit. Being cautious is not wrong.
View OriginalReply0
ChainPoet
· 01-05 03:50
If the daily EMA can't hold steady, this rebound will be a bit weak
Wait, the fear index is only 42, where is this market strong
It's another routine to cut leeks, setting stop-losses properly is correct
The 95576 threshold feels quite tough, and the long-short ratio of 1.32 isn't as optimistic as expected
Watching technicals every day is tiring, might as well take a gamble
View OriginalReply0
PretendingToReadDocs
· 01-05 03:45
Looking at this wave of the market, it's quite interesting, but I'm worried that the daily EMA might not be strong enough later on.
Wait, with so much resistance above the 94221 level, does that mean the main force isn't planning to push it up?
It feels like this rebound is just draining the shorts, don't be fooled.
How likely is it for the price to fall below 92638? It looks quite uncertain to me.
Honestly, the long-short ratio of 1.32 isn't extreme enough; the market is still playing tricks.
It's another case of "not taking action without a clear pattern," and every time they say that, they still end up taking action—truly impressive.
Why is the fear index only at 42? I think it should be a bit higher.
If this rebound can hold above the EMA, I’ll believe it; otherwise, they might just fool retail investors again.
View OriginalReply0
GasFeeCrier
· 01-05 03:40
A daily close above is what counts; it's still too early to say it's strong.
View OriginalReply0
GasWrangler
· 01-05 03:35
technically speaking, all those resistance levels are sub-optimal if you actually analyze the mempool dynamics... but yeah, the daily ema is the real tell here. if it holds, we're looking at measurably different momentum structures across timeframes.
BTC experienced a weekly open after a weekend sideways movement on the 1.5th. From multiple timeframes, the 3-day and 2-day levels have formed effective time cycles, and it is crucial to observe whether the daily EMA can hold steady. The pillar structure built on the 8-hour and 12-hour charts, combined with the volume increase on the 2-4 hour levels, indicates a strong overall market trend. After rebounding from the zero line on the 30-minute chart, the short-term momentum remains upward.
In terms of technical levels, the resistance zones to watch above are at 93548, 94221, 95153, and 95576. The support levels below include 92638, 91509, 90800, and 90345. The current long-short ratio is 1.32, the panic index is at 42, and market sentiment is relatively balanced but slightly cautious.
Trading advice: Do not act decisively without a clear pattern; any trades must include stop-loss settings. The above content is for technical analysis reference only and does not constitute any investment advice.