January 6th BTC/ETH Analysis: The new high in the US stock market has ignited market enthusiasm, coupled with geopolitical risks fermenting and boosting global risk aversion sentiment. Funds are flowing into the two major sectors of cryptocurrencies and precious metals. This morning, Bitcoin rebounded strongly, breaking through the weekly resistance level of $94,500 and then triggering a pullback. The short-term bullish momentum is rapid, and the market is once again eyeing 100,000. There is strong selling pressure at the 9,450-9,600 range, and the Federal Reserve's stance on interest rate cuts remains unclear. Only a clear breakthrough and stabilization above this range could signal a trend reversal; otherwise, the current movement is still within a rebound scope. BTC Currently, the daily chart shows a doji pattern, the four-hour RSI is at 79 and in overbought territory, and there are signs of top divergence on the hourly chart. The daily trend is bound to undergo a technical correction. Support levels for the correction are at 9310-9150. A decline below 9310 would indicate a stronger correction, and a break below 9150 would end the four-hour rebound. The main focus is on the rebound at high points, and further correction strength will be considered at these two levels, paying attention to the doji pattern.

The short-term daily chart KDJ briefly turns downward, but does not touch the overbought zone, then quickly releases a signal of stopping the decline and rebounding—this is a healthy fluctuation after short-term profit-taking is concentrated, and the daily upward trend remains intact. Currently, the bullish momentum reserve is sufficient, and a slight pullback is the golden opportunity for long positions. Pullback at 3160-3200 for longs, target 3280-3350, and continue to watch 3450 if broken.