2026-01-05 15:24:04

Yesterday, we mentioned in the article that there is still room for a short-term rebound and upward movement. This morning's trend perfectly confirmed that judgment. Bitcoin surged to a high of 93,388, and Ethereum reached 3,220, both hitting the expected target levels.

From my perspective, the key point for the short-term trend is this: if the body of the 4-hour candle cannot stay above 93,500, then we should be alert. It is very likely that this 4-hour rebound is coming to an end, and a period of 4-hour decline will follow.

This morning, I tried to break through but failed. If it continues to rise tonight without breaking higher, it will basically confirm that the short-term has entered a correction phase. This is an important observation window.

Speaking of medium to long-term logic, from a weekly perspective, Bitcoin is still in the process of a weekly decline. This process varies in speed; ideally, the bottom could be reached around April or May this year. If the pace is slow, it might be delayed until after October. The first target for the weekly decline is around 70,000, and the second target is around 62,000.

Once the weekly decline is completed, a new round of weekly upward movement will begin. The target at that time could be around 190,000.

The situation on the daily chart is a bit more complex. Last Monday, we discussed that there are two possible scenarios for the daily trend, and the key depends on the strength of this 4-hour decline.

Assuming the 4-hour decline does not break below 84,450, Bitcoin would be following the first scenario — starting from 80,600, it has been forming a daily rebound, with a target of 100,000 or higher.

However, if it falls below 80,600, the trend will become more complicated. The daily trend starting from 126,200 may need to be reassessed. Both scenarios are possible, and we mainly need to observe the specific performance over the next few days.

BTC0,03%

ETH0,66%

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ApeWithNoFear

· 01-08 11:39

93500 this level really needs to be watched closely, feels like something might happen tonight It's another expected move, indicating no new tricks Weekly support at 70,000? I think it's uncertain, still need to wait until after October My target is 190,000, I can't help but laugh out loud, but it's too early to say that now Whether 84450 breaks or not is the real question, everything afterwards is uncertain Rebounds happen like this every time, go up and then come down Trolls are discouraged, straightforward and blunt: if you can't stand it, then sell, there's nothing more to say Seeing the bottom in April or May is too idealistic, I bet on July

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FudVaccinator

· 01-08 08:16

Still giving hope, the 93,500 level definitely won't be broken.

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StablecoinEnjoyer

· 01-07 22:17

93500 is a critical level; if it can't be broken, you have to accept defeat. Let me see if I can hold it overnight... otherwise, I'll have to rework the logic again. 62000? Sounds a bit tough, but if we really want to complete this weekly decline, it's not entirely impossible. Now, just waiting for the 4-hour performance; it feels like the key few days will reveal the outcome.

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BoredStaker

· 01-05 15:50

93500 is really the key threshold; keep a close eye on the evening trend. --- Starting to pull back again? It's a bit annoying, finally a rebound. --- Weekly chart to 190,000? Let's wait until the Year of the Monkey or the Horse. --- Breaking or not breaking the support at 84,450 really determines how to play later. --- Predicting so much is less useful than just watching the market; it's still oscillating now. --- The choice between 70,000 and 62,000 is a multiple-choice question—which one to bet on? --- The next few hours tonight are critical; should I keep holding or not? --- Bottoming out in April or May? I doubt it; maybe we really have to wait until October. --- Targeting 100,000 or higher sounds good, but we need to get past 93,500 first. --- The daily chart is complicated; anyway, I’m just waiting for the weekly decline to complete—that's when the opportunity comes.

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ForkTrooper

· 01-05 15:44

93500 this key level didn't break, feels like it's going to be a bad night.

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MentalWealthHarvester

· 01-05 15:44

93500 this point is indeed a bit risky; if it doesn't break through, it will turn around --- Starting to talk about the weekly bottom story again; waiting for the October bottom is really a test of patience --- 84450 is the real watershed; if broken, everything will be chaos --- Target 190,000? Let's wait until the weekly decline is over before making any moves --- This observation window is interesting; it all depends on whether it can go up tonight --- The rebound confirms the judgment, but the rebound is also about to die, haha --- There are two possibilities for the daily chart; it mainly depends on the 4-hour performance, which is still somewhat interesting --- Can the target of 62000 really be reached? It feels a bit far away --- Short-term observation has great value, but the mid-term logic is a bit fuzzy --- If the 80600 level isn't broken, continue the rebound; if broken, then try new tricks

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MetaMisery

· 01-05 15:34

Still guessing the bottom? I've heard this logic too many times, and each time it can be pinpointed to the decimal point. But what happens then...

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HashRateHustler

· 01-05 15:29

93500 hasn't broken again. This rebound might be coming to an end. Let's see if tonight's performance can surprise us.

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MerkleMaid

· 01-05 15:29

93500 is really a critical level. If it can't break through, be cautious. Damn, are we about to retrace again? It just started to rise. Weekly target of 62,000? Feels like we have to wait a long time. Both scenarios are possible. Isn't this what I just said? Haha. Can the support at 84,450 hold? Feels uncertain. Is 190,000 just a dream or is there really a chance? Observation window, window, window. It's always just observation. When will the actual market come? A rebound is a rebound. Why insist on getting stuck at 93500?

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