2026-01-05 04:20:28

This weekend, Bitcoin and Ethereum experienced a strong rebound, directly breaking through the previous consolidation range. Bitcoin steadily held above 91,000 to 91,600, with minimal retracement; Ethereum also repeatedly contested the 3,120 to 3,160 zone, and there was no significant plunge during the session.

By Monday morning, Bitcoin regained momentum and surged above 92,000. From the candlestick patterns, a series of bullish candles formed on the daily chart, with the short-term MA5/10 moving averages crossing upward in a golden cross, indicating a clear bullish sentiment. The MACD on the four-hour and hourly charts is also expanding, showing signs of continued upward momentum. However, there are two issues to watch—RSI has entered overbought territory, and there is still resistance from the previous December selling pressure zone above, so caution is needed to avoid pitfalls when pushing higher.

In the short term, focus on the resistance levels at 93,000 and 94,000. Support has moved up to the 91,200–90,700 range, and the 90,000 level remains crucial to defend.

Ethereum's performance is relatively weaker. After consolidating at high levels, it also rebounded in the morning, fighting near the 3,200 mark, but its momentum is noticeably less aggressive than Bitcoin’s. The daily chart’s moving averages have formed a bullish crossover at the bottom, and the four-hour averages are also expanding upward, indicating potential for further gains in the short term. However, the previous December selling pressure zone remains a challenge.

Intra-day, Ethereum’s focus is on its resistance after the rebound. Watch the 3,200 and 3,250 levels above, with support at 3,110–3,080. The 3,000 level is a key defensive line.

With European and American institutions resuming work on Monday, macroeconomic data remains limited for now. The key will be how the major players operate—be cautious of institutions buying in only to turn around and dump the market.

BTC-0.53%

ETH-1.03%

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MetaMaximalist

· 01-07 18:04

btc breaking 92k is nice but let's be real—the RSI screaming overbought tells you institutions are probably already thinking about their exit strategy. seen this pattern too many times, they pump it then flip the script on retail. eth's weakness relative to btc is actually the more interesting signal here tbh

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GamefiGreenie

· 01-07 15:45

It's the same old tactic of institutions buying in and then dumping. I bet five bucks it will turn around at 93,000.

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SigmaValidator

· 01-05 13:42

92000, this is the rhythm of aiming for the top, but the RSI is already overbought and still pushing higher. This wave is a bit risky. Why is ETH so weak? BTC is taking off, but ETH is just dawdling. Waiting for institutions to dump, I'm already used to it. If the 90,000 line breaks, I need to run quickly. If ETH can't hold 3000, it's truly hopeless.

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ForkLibertarian

· 01-05 06:49

92000 this level is about to be played with by institutions again, really annoying --- Damn, RSI is already in overbought territory and still claiming continuation? Be careful of getting trapped --- Ethereum is still so weak, why does it always lag behind Bitcoin's rhythm --- If 91200 can't hold, it's over, heading straight to 90,000 --- Institutional resumption means starting to dump, I've seen this routine too many times --- The 3200 level is watched by too many people, if it can't break through, it has to go down --- Golden cross is just a golden cross, but with so much selling pressure above, who dares to chase high --- Can 93000 really break through? Feels artificially high --- Being cautious of falling into traps and pulling back hits hard, that's exactly how I got cut last week

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NoodlesOrTokens

· 01-05 04:37

It's the same story again, RSI overbought and still pushing up? Institutions have resumed work and are deliberately dumping. I bet this rebound is just a trap to lure buyers in with 5 bucks. Damn, if 93,000 can't hold, it'll drop back to 90. Buying at the high now just makes you the bagholder. Ethereum is still dithering; if Bitcoin is more aggressive, it just shows that big players are offloading their holdings. They haven't even digested the December selling pressure zone, and yet they still dare to push to 94? Wake up, everyone. We must hold 3000, or else it'll be a bloodbath. I've already lost money at 9.2. On Monday, none of these institutions are good; they buy in just to dump. We retail investors can only wait to be swept away.

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ChainWanderingPoet

· 01-05 04:33

92,000 this wave is indeed a bit fierce, but I always feel that institutions are setting traps again. Be careful not to get caught. The overbought RSI is really something to watch out for; that December resistance level might just be a trap. Ethereum is so weak that I almost don't want to look at it anymore. If 90,000 can't hold, just head straight to the next support; anyway, a correction is inevitable in the end. Trust me, don't be greedy for now. Wait for it to bottom out before chasing.

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blockBoy

· 01-05 04:29

Holding this wave at 92,000 is the key; otherwise, it's just a trap to lure more buyers.

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GhostInTheChain

· 01-05 04:24

The 92,000 level is a trap; RSI is overbought and still pushing higher, institutions are waking up and ready to dump. Ethereum's rebound is so weak, it's really a bit concerning. If 90,000 can't hold, it's over; get ready to buy the dip. Institutional reopening is harvest time; this time is different from previous years. Breaking 93,000 is the real bull market; right now, it's all fake. 3,000 is the critical line; if Ethereum falls below it, I might really cry. A golden cross is just a golden cross; it doesn't mean much, as there have been many false signals in history. This morning's rebound feels lacking in momentum; the main players are testing the waters.

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MeaninglessApe

· 01-05 04:23

The selling pressure above 92,000 really can't be sustained; it feels like this wave is going to be hammered back down again. --- Ethereum still can't rally; it feels like that December trap is still waiting for us. --- When the main force resumes work, they start causing trouble—brothers, it's hard to defend against. --- RSI is already overbought and still pushing upward—aren't they just asking for death? --- We must hold the 90,000 line at all costs; if it breaks, it's really the end. --- Here comes 3,200 again; Ethereum is still so weak. --- I've seen too many institutional dumpings; I'm already used to being cut like a leek. --- A rebound is a rebound; don't tell me it's a continuation to higher levels—most likely it's a trap. --- Golden cross, golden cross, every day a golden cross—what's the use of a golden cross?

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