On Friday, major Western institutions resumed work after the holiday, and the crypto market suddenly gained momentum, triggering a big rally!

Bitcoin and Ethereum had been hovering sideways for nearly half a month, but this time they finally moved together: Bitcoin retook the 90,000 level, and after breaking through 3,050, Ethereum surged past 3,100 and reached above 3,150. The upward trend continued into Saturday, with the two main cryptocurrencies staying stable at high levels without much decline; this morning, buyers continued to push, with Bitcoin reaching around 91,000 and currently fluctuating around 91,500, while Ethereum also climbed to about 3,150.

There haven't been any major news recently, but the Federal Reserve's loose policy announced around Christmas has started to take effect as the market digests it; coupled with the unstable international situation, everyone is viewing cryptocurrencies as a safe haven asset, which has added fuel to the rally.

From a technical perspective, Bitcoin's upward momentum is very clear. The daily chart has broken through resistance levels, and short-term moving averages have formed an upward pattern. However, the 92,000-94,000 range faces significant resistance, and short-term indicators are already overbought, so a slight pullback is possible. When operating, focus on whether the 90,000 level can hold. Ethereum's rally has been even more aggressive; after breaking through daily resistance, it is pushing toward higher resistance levels. The medium-term trend looks good, but short-term overbought conditions may lead to a pullback. Support levels are around 3,050-3,070, with resistance first at 3,200-3,250. $BTC #ETH走势分析