#我的2026第一条帖 Market sentiment can rise mainly driven by Federal Reserve news. Last night, several Fed officials spoke; Milan said they plan to cut interest rates by 150 basis points this year, and Kashkari also mentioned that rate cuts could continue later this year. This directly boosted cryptocurrencies, and prices started to go up. Looking at the technicals, Bitcoin has already broken through the previous consolidation range upper limit. On the daily chart, the moving averages still indicate a bullish trend, which looks quite strong. But note that the four-hour RSI is already overbought, and the hourly chart is in recovery. Although the bullish momentum is strong, there is definitely a need for a pullback and correction. Also, the price is approaching the resistance zone of 98,000 to 100,000, where institutions might take profit and sell off, so be cautious. When trading, focus on these key levels: in the short term, watch the 98,000 resistance level for Bitcoin; support has moved up to the 95,500-94,700 range.


Ethereum's resistance levels are at 3400 and the December high of 3450. The previous high resistance is significant and may cause pressure. Support below is at 3280-3250; if this zone holds, there could be a rebound later.
Overall, the crypto market is currently buoyed by expectations of Fed rate cuts, leaning towards a bullish outlook, but the technicals need repair. In the short term, a consolidation or sideways movement is most likely. Tonight, two key points to watch: one is the initial jobless claims data for the week, and the other is the Fed officials' speeches, both of which could cause market volatility. It is recommended to observe more and act less, keep an eye on these key levels, avoid blindly chasing rallies, and operate cautiously for better safety.
BTC-1,98%
ETH-2,39%
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