Recent market updates: The US December CPI data is scheduled to be released at 21:30 on January 13, and the US Senate Banking Committee is also advancing the review of the crypto market structure bill, with the review set for January 15. Both events are worth paying attention to.



**Bitcoin Market Analysis**

Weekend trading remained stable, and our previous analysis was that the price would fluctuate within the 89,000 to 90,000 range. So far, the price has indeed been moving within this narrow band, with smaller timeframes gradually trending higher, which fully aligns with our previous market expectations. Currently, two key points to watch are: first, whether the daily chart can see increased volume to push the entire market higher; second, whether the one-hour chart can continue to maintain a sideways upward trend.

From the current position, as long as the price stays above 92,000, there is a chance to reach the nearby high of 94,500. To summarize the intraday performance: as long as the 90,900 level holds, the probability of continued sideways upward movement remains higher. Support levels are at the 90,900-90,000 range, and resistance levels are at 92,000-94,500.

**Ethereum Market Analysis**

Ethereum's current trend logic is consistent with Bitcoin. The daily chart is also in a narrow range of fluctuation, with whether the trading volume can effectively push the market higher being a key observation point. In the short term, the four-hour and one-hour timeframes still have some room to rise. As long as the 3,100 support level is not effectively broken, the probability of sideways upward movement still exists. Support levels are at 3,100-3,065, and resistance levels are at 3,170-3,280.
BTC-0,22%
ETH0,13%
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StrawberryIcevip
· 8h ago
Whether the 92,000 threshold is broken or not will determine the subsequent direction, but to be honest, neither the CPI nor the crypto bill has been implemented yet, so it feels like everyone is just watching and waiting.
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MetaDreamervip
· 8h ago
If you can't get above 92,000, it still feels like a pullback is necessary. The CPI day depends on the market sentiment.
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GasFeeCriervip
· 8h ago
If I can't break 92,000, I won't watch anymore. This volatility is really a bit dull.
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StableBoivip
· 8h ago
It's really a bit uncertain if 92,000 can't be broken. It feels like this wave still needs to be repeatedly tested.
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MerkleDreamervip
· 8h ago
92,000, is it broken or not? That's the key. Once broken through, there will really be a chance.
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