Gate 2025 Year-End Community Festival January 7 Bitcoin and Ethereum Market Analysis

Bitcoin experienced a secondary high followed by a rapid downward spike. Currently, it is consolidating sideways; if it rises again, a bearish divergence will form. The 94,500-95,000 region has been repeatedly pressured, forming a double top structure. On the four-hour chart, there is a death cross signal indicating a potential pullback, which could present a larger timeframe shorting opportunity. Ethereum has largely recovered its decline and is performing relatively stronger, but whether it can test 3360 remains uncertain. In the short term, participation in a rebound is possible, but the medium-term logic remains the same as Bitcoin: maintaining a "short-term bullish, medium- to long-term bearish" framework.