Wednesday, New Year's Day, continue to oscillate widely, first long then short

2025 a new beginning, wish everyone good luck! Yesterday's market operated with an upward posture, the coin price rose to a peak of around 96200, and overnight retreated to the 93200 area. The pattern still revolves around wide fluctuations. Yesterday, I was bullish throughout the day, and in the evening, after the coin price broke through the high point, I suggested shorting at the current price again. I believe everyone has had their fill. In this new year, I wish everyone smooth sailing and peace!

From a technical perspective, there hasn't been much change in the recent trend, with the trading range continually narrowing, currently maintaining a long and short operation in the 96000-92000 area. In the box structure, I still do not see a one-sided trend. Today, the U.S. stock market is closed, and the market fluctuations won't be too large; we should continue to treat it as a range.

Regarding Ethereum, there hasn't been much fluctuation recently either, with resistance at 3450 and support at 3280, within a range structure. It can be traded alongside Bitcoin, as long as the range rhythm is accurately identified, such a trend is still very straightforward.

On Wednesday morning, Bitcoin is in the 93400-93000 area, with a target focus on around 95000. If it doesn't continue upwards, then short.

Ethereum is in the 3330-3310 area, with a target focus on around 3400.

New year, new atmosphere; the past cannot be retrieved, and a new beginning awaits us. Let's charge ahead together. Happy New Year to everyone! $BTC $ETH $BNB #GMT热度飙升