Weekend consolidation for two days, with limited up and down fluctuations. Bitcoin has been in a sideways consolidation state since its drop on December 28. At ten o'clock on the night of December 28, large orders entered the market around 95300 and were quickly pressed down, leading to a second round of consolidation. Within an hour, it dropped a thousand points to return to around 94400, then continued to consolidate. This morning, it oscillated up to 95700, but once again faced pressure, indicating that 95500 is a strong resistance level.
The movement of the second cryptocurrency is similar, with pressure concentrated around 3400. It mainly fluctuated in the range of 3375-3415 that day. After narrow fluctuations, there will surely be wider ones. This grinding trend doesn't have much more to say.
For Bitcoin, pay attention to the support around 93840 and resistance around 96360. For the second cryptocurrency, support is around 3346 and resistance is around 3484. No further analysis will be provided. There’s not much liquidity over the weekend, so let’s see how the Asian session on Monday goes before looking at the U.S. session. Everyone should take a break, it’s just like that.