2026-01-06 05:28:08

Bitcoin and Ethereum have continued their rapid surge recently, with the market shifting from a previous consolidation phase to a short squeeze rally. Technical indicators show a perfect bullish alignment.

What are the key factors driving this rally? Large net inflows into spot Bitcoin ETFs have created a positive feedback loop; on-chain addresses are increasing their holdings simultaneously; a large amount of capital is flowing from exchanges to personal wallets; market sentiment has fully entered the "extreme greed" zone; geopolitical risks have ironically become positive factors; the US economy is heading towards a soft landing, with expectations of Federal Reserve rate cuts strengthening, coupled with Hong Kong approving the first batch of spot cryptocurrency ETFs, all boosting institutional confidence.

It is important to note that the risks of short-term volatility under extreme greed and high leverage environments should not be underestimated. It is advisable to avoid chasing highs and to pay attention to rotation opportunities in niche sectors such as Layer2, AI + blockchain. The overall trend for the year will ultimately be influenced by Federal Reserve policies, ETF capital flows, geopolitical situations, and industry innovation.

**Bitcoin Perspective**

After pulling back to 92,373, it successfully broke through 94,000, reaching a high of 94,758, then retreated to 93,510, which is a normal technical correction. The bull market structure is perfect, currently in the acceleration phase of the main upward wave. Key resistance is in the 95,000-96,000 range, with short-term support at 93,500, and core support at 92,300-92,800. The strategy is to follow the trend, relying on pullbacks for deployment.

**Ethereum Perspective**

After retracing from the previous core support at 3,133 and breaking through the previous high to 3,264, it then pulled back to 3,201, showing strong resilience. Currently entering an acceleration phase of the breakout. Key resistance is at 3,270-3,300, with a defensive position at 3,350; timely support at 3,200; core support at 3,130-3,150. It is recommended to operate in conjunction with Bitcoin, deploying in batches based on support levels. Do not greedily chase high positions.

Risk reminder: Market conditions change rapidly; be sure to set proper stop-loss and take-profit levels. Securing profits is the most important.

BTC3,34%

ETH6,32%

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ser_aped.eth

· 01-09 00:52

Extreme greed this time really can't be sustained anymore; high-leverage players should wake up.

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Frontrunner

· 01-07 10:25

The term "extreme greed" makes my scalp tingle, leverage explosion is right in front of us. Institutions are bottom fishing, retail investors are chasing highs, classic chopping of leeks rhythm. Is this level of 94,000 really so stable? I always feel like it could break at any moment. ETF net inflows are a positive sign, but how long can this small amount of volume sustain? I've already been lurking in the Layer2 rotation, and I actually think the AI concept has been overhyped. If the line at 92,800 can't hold, it will directly break and plunge. I bet this time it will break the level. Buy in after a 3200 drop, anyway it will rise again after falling, so why chase high now? Is this time really different, or is it just the same old script playing out again? History always loves to rhyme.

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OnchainArchaeologist

· 01-06 05:53

Extreme greed makes you itchy to buy, but biting the bullet and not chasing the high was the right move.

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DoomCanister

· 01-06 05:48

Extreme greed is the biggest risk signal; someone will definitely get cut in half at 95k during this wave.

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SlowLearnerWang

· 01-06 05:33

Again, again, again, it's late. Looking at the title, it's already gone up. *** I really missed this round of market movement. I've been debating whether to get in or not. *** Extreme greed? Why am I still in extreme panic haha. *** Wait, so should I buy now or run away? I really can't understand these numbers. *** I just want to ask if anyone still dares to chase the high now. How brave do you have to be? *** Layer 2, AI plus blockchain... I feel like there are new concepts every day, I just can't keep up. *** It's "diversified deployment based on support," but the last time I did that, I got smashed through directly. *** Is the Fed's rate cut expectation really reliable? It feels like they were talking about rate hikes a couple of days ago. *** Is breaking 95,000 really that difficult? It seems to have been stuck for a long time.

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