ThePowerOfFaith

Key support and resistance levels that the current market is focused on will determine the short-term direction of Bitcoin. The specific levels are as follows:
$93,000 - $94,000 Resistance
Recent bottleneck: Bitcoin has failed multiple times to break through this area. If it can stabilize today, a new upward trend may begin.
$90,000 Psychological level
Market sentiment indicator: Falling below this level has significantly weakened market sentiment.
$88,000 - $89,000 Core support
Today’s bullish/bearish dividing line: Analysts generally view this area as the "final reshuffle" bottom line. If it

#PIPPIN needs to keep bottoming out; it will never rise again, the whales have had their fill.

#PIPPIN is about to crash, the whales are running away

The Ethereum Fusaka upgrade may trigger a stronger reaction, as it improves throughput, security, L2 fees, and enterprise support. Here are three price scenarios based on the chart above:
1. Conservative tendency (+40% to +55%): The price may rise from $3,000 to $4,650.
2. Same as Pectra (+58%): The price may reach around $4,740, very close to the previous all-time high of $4,953.73.

Today's trend: fluctuating with a bearish bias (probability of fall > 60%)
Downward trigger point: Escalation of Middle East conflict → Risk aversion + Oil price inflation → Double kill of stocks and cryptocurrencies. Key support at $105,800, if lost, may quickly test $103,000.
Upside opportunity: If the sudden events ease and the US stock market rebounds, BTC may test the resistance at $111,200. The continuous inflow of institutional ETF funds (averaging $120 million daily) is the core support.

Bitcoin (BTC) trend prediction current fluctuation range
BTC has recently been fluctuating in the range of 105,000-110,000 USD, and it needs to hold the support level to maintain the upward expectation. If it falls below the support, it may end the rebound trend.
Key support levels: $106,500-$107,400; resistance levels: $109,100-$110,000. If it cannot hold above $110,000, it may pull back below $106,500.
Short-term technical signals
The MACD and KDJ indicators show a bearish trend, and the white盘 may continue to fluctuate downwards.
Operation Suggestions:
If it rebounds to the range of 109,700

Short-term trend analysis scenario
Bullish scenario: If the price holds above the $2274 support and is accompanied by a rise in trading volume, it may trigger an oversold rebound, with the target set at the $2400-2500 range.
Bearish scenario: If it falls below the support of $2274 within the day, it may accelerate downward to test the psychological level of $2000, then pay attention to the risk.

The development trends and key events of Ethereum in 2025 can be summarized as follows:
1. Technological Upgrading and Ecological Optimization
Pectra Upgrade
Ethereum plans to launch the Pectra upgrade in early 2025, aiming to improve network scalability, especially optimizing the performance of layer 2 solutions. The upgrade includes increasing the Blob targets from 3 to 6 to increase data throughput and reduce transaction costs 1014. In addition, the Ethereum Foundation has completed the audit of the Pectra system contract, confirming that all security issues have been resolved, and has laun

The United States White House will hold its first cryptocurrency summit on March 7th, which may have multiple impacts on the cryptocurrency market. Here is a market analysis based on the current information: 1. Policy Expectations and Market Confidence • The Trump administration had promised to simplify cryptocurrency regulation during the campaign, support stablecoin frameworks, and establish Bitcoin reserves[^0^]. This summit is seen as an opportunity to further clarify the regulatory framework. The market expects the government to adopt a more open and friendly regulatory attitude, which wi

Trump suddenly announced the replacement of the top US military commander on Friday night, starting a major purge of the military high command.
Trump suddenly announced the removal of the highest-ranking military officer in the US military, Chairman of the Joint Chiefs of Staff, Charles Brown, on the Truth Social platform. This four-star general, appointed by Biden, was originally scheduled to serve until 2027, but has become the first target of Trump's military restructuring. He will be replaced by Air Force Major General Dan Kane, whom Trump referred to as a "highly qualified leader suppress

The trend of BTC and ETH today may exhibit the following characteristics:
-BTC: The short-term target focuses on the psychological barrier of $100,000. If it holds above $98,000, there is a chance of further upward movement; but beware of the risk of pullback caused by capital outflows. ETH: If it breaks through the resistance at $2,800, it may test above $2,900; if there is a pullback, it is necessary to observe the effectiveness of the support at $2,700.

Analysis on January 6th:
Bitcoin

The current price of Bitcoin is 97900, and the K-line pattern on the market is oscillating around 98000, forming a range consolidation. After the rapid rise in the early stage, it has entered a high-level consolidation phase. The MACD histogram of the technical indicator shows signs of weakening momentum, and there may be a demand for a short-term pullback. The relative strength index RSI is at a relatively high level, indicating a risk of pullback. The trend indicator EMA still has an overall upward trend, but the trading volume is decreasing, indicating a

Analysis for January 5, 2025:

Bitcoin

The current price of Bitcoin is 97800, fluctuating within the range of 97000 to 99000, forming a oscillating consolidation pattern. There was a rapid increase in the early stage, but then it entered a high-level consolidation. The MACD histogram of the technical indicator shows a weakening of bullish strength, indicating a possible pullback. The relative strength index (RSI) has not entered the overbought zone, but there is a risk of a pullback. The trend indicator EMA shows a bullish alignment in the short and medium term, indicating that the long-ter

Analysis of technical indicators: The 4-hour Candlestick shows that the price has experienced a slight pump compared to 16:00:00 on December 29, 2024, a slight decrease compared to 12:00:00 on December 29, 2024, and a decrease compared to 04:00:00 on December 29, 2024. The last Candlestick is a Bullish line, but the MACD histogram remains positive and gradually shortens, indicating a weakening of bullish traders' strength, showing a bearish trend with divergence between volume and price, with no clear trend.
- Key points: Buy point one is $93612.89, buy point two is $93362.0, long stop loss po

Short-term forecast
- Technical Analysis: According to the analysis of Coin World on the afternoon of December 28th, the 4-hour K-line of Ethereum shows no obvious trend, the MACD histogram continues to be negative but gradually shortens, the bullish force strengthens, and the KDJ index shows a death cross, with divergence between volume and price.
- Support and resistance levels: BOSS Wallet analysis pointed out that the support level of Ethereum on December 28th was $3276.0 and the resistance level was $3536.0.
- Price prediction: According to changelly.com, the price is predicted to be $35