In the early hours, Bitcoin retraced from around 91,200 to near 90,200 after a rebound, showing overall range-bound movement. On the daily chart, the bullish momentum has decreased, closing with a positive candle; the four-hour chart touched resistance but turned into a bearish candle; the hourly chart shows weakening bullish momentum. Resistance above is evident, so the morning session recommends a primarily short-term trading approach.
Trading Suggestions:
$BTC: Short in the 91,000-91,500 range, targeting around 89,800-89,300
$ETH: Short in the 3,120-3,145 range, targeting 3,060-3,035
$SOL remains on the sidelines, waiting for confirmation of the trend direction
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
8
Repost
Share
Comment
0/400
ProveMyZK
· 5h ago
Here we go again, short at 91,000? If it can drop this time, it's considered a win. Last time I said that, BTC shot up directly to 92k.
View OriginalReply0
EternalMiner
· 01-12 01:30
The morning session is again a high short, repeatedly hitting the 91000 level is a bit annoying, let's wait for a break.
---
BTC's recent resistance is so obvious, be careful with short positions and stop-losses, don't get shaken out by a spike.
---
ETH broke through 3120 and then dropped directly, this pace looks a bit rushed.
---
Confirm +1 for SOL and other directions. Instead of guessing blindly, it's better to wait and see, there are plenty of opportunities anyway.
---
Shorting is shorting, but I still want to see if the US market can give a confirmation signal before acting.
---
The 91000-91500 range is too narrow, it feels easy to be shaken out, better to wait for a bigger space before going long.
View OriginalReply0
RugPullAlertBot
· 01-12 01:26
Once again, high-altitude thinking. I've seen this routine too many times. I really don't know what will happen at 89,800.
---
The resistance level for ETH is indeed obvious, but it seems more likely to break through.
---
It's right to stay on the sidelines with SOL; there's no certainty anyway.
---
BTC is still hovering around 91K. Short positions need to hold up in the early session.
---
This wave of pullback doesn't seem to have bottomed out yet. Keep watching.
---
High-altitude trading is fine, but I'm worried about a black swan suddenly appearing.
View OriginalReply0
ShadowStaker
· 01-12 01:25
ngl the squeeze on BTC looks sus... bullish volume dying off like this usually precedes smth nasty. validator attrition parallel is real fr.
Reply0
FromMinerToFarmer
· 01-12 01:25
91,000, take a shot. If it can't break through, then stop loss. This wave's resistance level is too strong.
View OriginalReply0
rugged_again
· 01-12 01:22
Back to the high altitude again? Last time it was so high, the coin directly broke through the floor.
Be cautious with the short positions in the early session; the 91000 level has strong support.
ETH's resistance level is indeed obvious; once it breaks 3120, it could drop to around 3080.
Choosing to wait and see with SOL is the right move; the direction has been really unclear these days.
View OriginalReply0
MEVHunter
· 01-12 01:17
With this decreasing volume and weakening move, I see that the mempool is a bit deep. Whether this dip can reach 89,800 really depends on the temperament of the arbitrage bots.
View OriginalReply0
LiquiditySurfer
· 01-12 01:14
It's another high altitude. This wave of resistance is indeed tough, but 89800 feels a bit uncertain.
#美国贸易赤字状况 Monday Morning Brief Analysis
In the early hours, Bitcoin retraced from around 91,200 to near 90,200 after a rebound, showing overall range-bound movement. On the daily chart, the bullish momentum has decreased, closing with a positive candle; the four-hour chart touched resistance but turned into a bearish candle; the hourly chart shows weakening bullish momentum. Resistance above is evident, so the morning session recommends a primarily short-term trading approach.
Trading Suggestions:
$BTC: Short in the 91,000-91,500 range, targeting around 89,800-89,300
$ETH: Short in the 3,120-3,145 range, targeting 3,060-3,035
$SOL remains on the sidelines, waiting for confirmation of the trend direction