2026-01-07 05:25:52

Bitcoin's recent market movement is quite interesting. After reaching a new high, it quickly dropped sharply, now consolidating sideways. If it pushes higher again, it may form a bearish divergence. Watch the 94,500 to 95,000 area, which has been repeatedly pressured, indicating a clear double top formation. The four-hour chart shows a death cross and a correction signal, which could be an opportunity for larger bearish positions.

Ethereum's performance is relatively solid, having mostly recovered its decline, and its momentum is stronger than Bitcoin's. However, whether it can break through the 3360 level remains to be seen. Short-term rebounds can be participated in, but the medium-term logic is the same as Bitcoin's — all bearish.

**Trading Strategy**: Short positions around the 94,500-95,000 resistance zone; if it drops to 91,100-91,600, consider a small long position.

BTC-0,42%

ETH-0,63%

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FromMinerToFarmer

· 01-08 20:56

If the double top really holds, this bearish move might actually be profitable. Bitcoin's unpredictable nature should be approached with caution.

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MetaverseLandlady

· 01-07 15:09

Double top formation, the 94,500 hurdle is back. As always, shorting is the way to go.

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GamefiEscapeArtist

· 01-07 05:55

Double top is coming, this time really different. The 94500 level must be held, or it will be another round of cutting losses. --- Ethereum's rebound has been decent these days, but can it break through 3360? Not very optimistic. --- Always shorting at the high, always trying to go long at 91000. I know this routine too well, every time I try to catch the bottom, I get hit. --- Four-hour death cross appears? How is it the same signal as last week? That time also indicated a short entry opportunity, but then it suddenly surged. --- Old traditional skill, as soon as the death cross signals a pullback, it’s hard to escape. Try a small long position, anyway it won’t lose much. --- Is the stubborn resistance at 94500-95000 real, or just a scare tactic? Seems like there’s quite a bit of support below. --- I'm tired of hearing the term bearish divergence. When will we actually see the top?

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ThreeHornBlasts

· 01-07 05:55

Double tops, if truly formed, make this bearish position really attractive. --- 94500 is really a tough resistance level, feels like it's going to fall. --- Wait, how come I didn't see the bearish divergence you mentioned? --- Ethereum is solid, but how long can it sustain divergence with Bitcoin? --- I've noted the bullish zone at 91100-91600; I need to manually enter the position then. --- By the way, how reliable is this death cross signal? Last time, it didn't lead to a fall either. --- I think we need to wait and see; it's been sideways for too long with little movement. --- If 3360 can't be broken, it's really turning bearish. Still observing for now.

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NewDAOdreamer

· 01-07 05:46

The double top is forming, and this time the bears are really jumping in. The 94,500 level is firmly resisting and can't be broken through.

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FOMOrektGuy

· 01-07 05:45

The double top is about to break. It's correct to be bearish on this move. Enter a short position at 94k-95k, brother.

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