1.27

BTC
Bitcoin yesterday's outlook was centered around around 88500 for consolidation. After reaching the corresponding resistance yesterday, it retraced. Currently, it has reached the resistance level. In the short term, the focus should be on whether the divergence at the four-hour level can continue and whether it can stabilize above 88500. If it cannot break through 88500 today, it will continue to oscillate within the range of 86500 to 88500. In summary, today’s key points are whether the one-hour level can operate above the zero axis, and to monitor the momentum at the four-hour level returning to the zero axis. Support levels are 86500-85000, resistance levels are 88500-90500.

ETH
Ethereum, after repeatedly testing below 2800, has rebounded again. Therefore, attention should be paid to whether a large-scale bottom can form in the short term. At the same time, focus should also be on the order book at the one-hour and four-hour levels. From the 15-minute chart, the current position shows a need for a pullback. The pullback should target the 2850 level. If it does not break this level, the trend may continue. If it breaks, it could return below 2800 again. In summary, the current market will mainly oscillate, with support at 2850-2800 and resistance at 2980-3050.