January 2nd BTC/ETH Analysis:



Next week, market liquidity is about to fully return!

The year-end market has been continuously volatile, with liquidity severely dried up. The Federal Reserve's rate cut timing remains uncertain, and most participants are choosing to take year-end vacations and wait, watching for clear signals of rate cuts from the Fed. Next week, the non-farm payroll report and ISM series surveys will be released, which will break the current stalemate and drive market volatility and liquidity to rise simultaneously.

BTC
Overall still in a consolidation range, with a clear bullish trend on the four-hour chart, but a Evening Star pattern has appeared, and the MACD indicator shows a divergence between price and volume, limiting upward momentum. Short-term, it’s unlikely to continue rising. Avoid chasing high midstream; before a clear trend emerges, set short positions above the daily resistance. Watch the 8820 level intra-day; if broken, the subsequent downward correction will intensify.

Around the 9000-9050 range, target below 8820 to 8750-8520 if broken.

ETH
Around the 3052-3073 range, target below 2996 to 2962-2888 if broken.

Short-term trading should be flexible and adaptable; defensive strategies depend on your actual position!
BTC0,68%
ETH-0,14%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)