2025.1.7 9:35 AM BTC/ETH Market Analysis
Yesterday continued the upward trend from Friday, with many noses experiencing a rebound; however, there was a pullback in the early morning. Most, except for BTC/ETH, have retraced to their starting points. It can be said that this market is very frustrating, making people very restless! However, it is undeniable that compared to a week ago, the lows have gradually risen. This slow and steady climb is precisely the prelude to an explosive buildup of strength, and now we just need a trigger!
BTC Focus
Support 98150/95300
Resistance None
ETH Focus
Support 3605/3525
Resistance None
At this moment, the key point for BTC is above the 103300 line, and once it breaks through, it will head towards the previous high, so pay close attention. The key point for ETH is the 3725 line; once it breaks through, the next wave will be the 3900 line, so whether it can continue the breakthrough trend is crucial for the subsequent market!
Today's strategy before the evening is mainly to look for long positions on pullbacks, and when the market heats up in the evening, we will assess the long and short strength!