2026-01-07 15:40:17

Wednesday Night Market Analysis:

From a technical perspective, the three lines of KDJ are close together around 30, indicating a neutral to slightly weak position. A clear rebound signal has not yet appeared, and the short-term bearish trend is likely to continue; MACD's DIF and DEA are still operating below zero, with the red histogram expanding, indicating that the bearish momentum is still being released.

Trader’s View:
Bitcoin is trading within the range of 91,400-91,900, with support levels at 90,300-89,500 below. Ethereum is oscillating between 3,170 and 3,190 in the short term; if broken, it may look towards 3,120-3,090.

ETH0,16%

BTC0,12%

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zkProofInThePudding

· 9h ago

Another bearish trend again. Is this really going to drop this time or just fluctuate again? I'm most annoyed by the KDJ convergence; I can't figure out when it will move.

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ProofOfNothing

· 01-09 04:52

It's starting to stick again. This time, we need to see if the support can hold up.

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TommyTeacher