2026-01-02 05:24:41

Hello everyone, Friday's market continues to unfold in the familiar rhythm. Observing the recent trading sessions, the main index has basically been oscillating within that sideways range, and liquidity indeed feels a bit tight. But in such times, you need to stay alert—main capital won't be idle; they are actively looking for opportunities to break out under this low volatility.

Currently, the monthly, quarterly, and yearly lines have just closed, and the short-term daily sideways movement has made everyone somewhat numb. My advice is to stay cautious and avoid heavy positions. As long as you're not fully leveraged, you can calmly handle whatever the market throws at you.

The real opportunities are hidden in smaller timeframes. Each day’s movement produces several tradable waves—shorting at resistance levels, going long at support levels, participating with light positions. Catching two waves in a day is completely feasible. As long as the amplitude isn't overly exaggerated, this is a profitable market. Conversely, if you're afraid of taking the opposite side of a big trend and hesitant to trade within the daily and weekly sideways ranges, you're essentially giving the market a puzzle—telling the main players what kind of trend you want, and by Friday night, they will draw a completely opposite picture for you.

**Specific analysis on Bitcoin:**

Today, focus on the 88050 level. As long as this level isn't effectively broken downward, small retracements will still continue upward. The resistance zones to watch above are around 89350, 90580, and 91500, which will present noticeable resistance.

However, if 88050 is broken intraday, the 4-hour chart will shift into a correction mode. In this case, look down to support levels at 86750, 85210, and 83780, which will provide sequential support.

**Ethereum’s positioning:**

Ethereum also needs to keep an eye on the 2995 line. Holding this level means that after a slight retracement, the upward momentum can continue. The resistance points are around 3035, 3078, and 3115, which need to be gradually absorbed.

If 2995 is lost, the 4-hour chart faces a risk of a pullback...

BTC1.79%

ETH2.35%

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RamenDeFiSurvivor

· 7h ago

It's been consolidating for so long, if the main players don't do something, I would be worried for them. If 88050 can't be broken, keep pushing upward; if broken, just wait for the trapped drop. Swing trading is indeed a viable strategy, just worry about overleveraging. Ethereum's 2995 level really needs to hold, or else the 4-hour chart will play the downtrend game again. Friends with full positions should now reflect on their lives. Light positions are the right way, everyone, don't blame the market for being ruthless.

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StakeTillRetire

· 7h ago

88050 whether to hold or not is the key; if it breaks, be really careful. The main force is digging a trap this wave; just don't step into it. It's been consolidating for so long, feeling like a big move is coming, let's wait and see. Light positions for two waves; this is true. I've been making good profits with this approach these past two days. But I'm afraid and hesitant to operate, which indeed deserves to be cut. There are so many resistance levels; 89350 is the real test. If the 2995 line breaks, Ethereum will be in trouble; I've already set a reminder. Two waves a day sounds simple, but in execution, who isn't slapped in the face? The main force is drawing here; we just bet on what they draw.

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SatoshiChallenger

· 7h ago

Data shows that this "two waves a day" trading strategy has a historical liquidation rate of 96.7%. Interestingly, every cycle has someone thinking they can do it [smirk]. Again, supporting levels for longs and resistance levels for shorts—this sounds just like what those who got liquidated in 2018 said. Objectively speaking, even the smartest main funds wouldn't revolve around small retail accounts. That logic might have fooled people during last year's bull market, but now it's a bit of a stretch. I'm not criticizing, but participating with a small position in two waves a day assumes you'll survive the third wave. Ironically, the last sentence is the most honest—on Friday night, the market will indeed paint opposite charts for you, and that's what market irrationality is called.

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BlockchainBouncer

· 8h ago

Consolidation means the main force is shaking out the weak hands. Don't overthink it; a light position for a swing trade will do. Brothers holding heavy positions, Friday might teach you a lesson. Breaking 88050 would really look bad; hopefully it won't crash. It's the same pattern: short at resistance, long at support. I feel like I'm repeating this every day. Rather than guessing blindly, it's better to wait for a breakdown signal to be more certain. Ethereum at 2995 feels a bit risky; recent risks are quite high. To put it simply, don't hold a full position; leave the rest to time. Are the main players really that smart? Why do I always operate in the opposite direction? Catching two waves in a small swing sounds good, but in reality, I got caught in one wave. I must keep a close eye on this critical level at 88050.

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BrokenRugs

· 8h ago

No way, this round is again a small-scale wave game. I got cut like this last time. Consolidation is really annoying, the main players are playing psychological warfare. If 88050 breaks, we're doomed. I bet it won't hold. Two waves a day? Sounds easy, but in reality, I can't catch even one. Is 2995 really the defense line? Feels like it could drop at any moment. Trying a small position this time, full position days are too hard. Shorting at the pressure level sounds simple, but in actual operation, it just reverses and cuts me. Here we go again with the story of the main players, who can really guess their intentions? Will that barrier at 91500 really be tough? I don't really believe it. Eating two waves a day? If I could do it consistently, I would have been rich long ago.

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