2026-01-05 05:25:51

Monday midday market update: Bitcoin surged at the open, with the daily chart showing five consecutive bullish candles. Bitcoin oscillated higher during its upward move, and after a total gain of over 3,200 points, it successfully exited the position.

From recent performance, Bitcoin's strength is now unmistakable. The price has approached around 93,300, with a clear upward trend. However, from a technical perspective, the range between 93,500 and 94,500 is filled with dense resistance levels, forming a relatively stable resistance zone in the short term. It is recommended to focus on the support levels below, with the intra-day trading strategy primarily based on pullback buying.

Specific suggested levels: For Bitcoin, consider long positions in the 92,000-91,500 range, targeting the resistance zone of 93,500-94,500. For Ethereum, look for entry opportunities between 3,150-3,100, with an upward target of 3,220-3,250.

Trading is simple: first, identify the overall trend; then, select precise entry points; finally, strictly execute take-profit and exit strategies. These few sentences are concise, but truly understanding their deeper meaning requires considerable effort and insight.

BTC1,56%

ETH0,99%

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CoinBasedThinking

· 01-08 05:10

Five consecutive bullish candles are honestly a bit weak; the key is whether it can break through the resistance. Can Bitcoin reach 94,500 in this wave? It feels like the chips are too concentrated. The orders I have are already placed at 92,000; it all depends on whether I can catch it.

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NotSatoshi

· 01-07 14:43

Five consecutive bullish candles. Can it break through 94,500 this time? It feels like the chips are so concentrated that caution is still necessary.

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DegenTherapist

· 01-07 11:00

Connect five consecutive bullish candles, and the current momentum of Bitcoin is really unsustainable. I knew today would be a day to chase as soon as it took off in the early trading session. This resistance zone between 93500-94500 is indeed a bit nasty; it looks like a significant hurdle. Patience is still needed to wait for a pullback opportunity. Taking profit and exiting sounds simple, but in reality, anyone can craft a life philosophy when doing it. The real skill is whether your account can survive and come out alive.

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RooftopVIP

· 01-05 05:55

Starting to get excited after five consecutive bullish candles. Let's see if we can break through the 93,500-94,500 resistance wall first.

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BearHugger

· 01-05 05:45

Five consecutive bullish candles are indeed fierce, but I still think the 93500-94500 range is quite intense; the chip accumulation is too aggressive. Trading boils down to these three sentences: the difficulty lies in actually executing them. Most people fail at taking profits. After such a strong continuous rally, I have a feeling there will be a pullback. Let's wait and lay low around 91500. Bitcoin is indeed strong in this wave, but I still think it's safer to wait for a decent retracement opportunity before entering. Five bullish candles already, with a rise of over 3200. This pace is a bit aggressive; poor risk management can easily lead to being caught in a trap.

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HashBard

· 01-05 05:35

five green candles in a row reads like the market's trying to write us a heroic narrative, but ngl that resistance band between 93.5-94.5k feels like the plot twist nobody asked for... the squeeze is real, sentiment's intoxicating, people are *feeling* it, and that's exactly when the psychology gets dangerous imo

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just_here_for_vibes

· 01-05 05:27

Three consecutive bullish candles, this wave is really quite fierce It's back to the deadly zone of concentrated chips, whether 93500-94500 breaks or not is a big deal Pull back to 91500 to go long sounds reasonable, just worried about a slippage wiping everything out Saying to take profit and exit is easy, but when it really happens, you can't bear to do it, hilarious Buying Ethereum at 3100, this level is quite tempting The technical outlook is clear, but I'm just afraid of a black swan slap Looking at this rhythm of Bitcoin, it feels really good, hope it doesn't suddenly turn around

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