January 4, 2025 Market Analysis

Bitcoin Daily

Resistance Level Around 100000

Support Level Around 96500

Yesterday, Bitcoin fluctuated about 3%, with a maximum rebound to around 98976 and a minimum pullback to the lifeline around 96100, which was basically within our expectations. The support level we provided yesterday was around 95800, and today's resistance level still needs to be set around 100000, with the support level set around 96500. There is still a possibility of a pullback to the lifeline today. The trend of forming a golden cross at the daily level is becoming more and more obvious. The trading strategy for Bitcoin today is still to buy on dips. Today is the weekend, so take a good rest and relax. You don't have to watch the market every day. For those with short positions, remember to take profits and secure them. Wishing everyone a happy weekend.

Ethereum Daily

Resistance Level Around 3730

Support Level Around 3550

Yesterday, Ethereum rebounded to a maximum of around 3630 and pulled back to a minimum of around 3423, fluctuating about 6%, which is quite a large fluctuation. I have always suggested everyone trade Ethereum since the large fluctuations are very suitable for our options. The resistance level we provided yesterday was 3550, which was strongly broken through. The support level was within our expectations, and yesterday's resistance level has become today's support level. Today's resistance level is set around 3730. It's the weekend today, and there may also be fluctuations around 3600. You can choose not to trade and take a good rest. A golden cross has formed at the daily level for Ethereum. The trading strategy is to buy on dips; do not short easily. For those with short positions, be quick in and out, and don't be greedy. Wishing everyone a happy weekend.

The above information is for reference only and does not constitute investment advice.