#数字资产市场动态 1.20 BTC Market Observation

Trump yesterday once again challenged Europe on tariffs. These trade frictions are unlikely to benefit either side in the short term. However, US stocks did not open last night, and the overall market fluctuation was minimal. When US stocks open tonight, whether the European and American markets can make some moves remains to be seen.

As for $BTC, it has been hovering around the 92,000 level without breaking. As long as this level holds, the daily moving average trend can continue. If it breaks below, it might return to around 90,000 to see what happens. Currently, the main rhythm is sideways consolidation, with a focus on the reaction when US stocks open tonight. From a technical perspective, the support zone is between 92,000-90,000, and resistance is between 93,300-93,800.

$ETH Ethereum

The 3160 level is very critical; it depends on whether it can hold steady. If it can't, it will fluctuate around the 3000 level. From the intraday perspective, the trend is still mainly correction, with a cautious rhythm. At this time, keep an eye on the hourly consolidation phase and also watch when the four-hour timeframe can bottom out. Overall, the recent trend remains mainly range-bound consolidation. Support levels are at 3160-3095, and resistance is at 3210-3250.

In the crypto market, patience and waiting for the direction to be confirmed is the key.