#2026年比特币行情展望 January 7 Bitcoin and Ethereum Market Review and Recent Outlook

How has Bitcoin been performing recently?
Since the weekend, Bitcoin touched around 90,800 and formed a double top, then surged to around 94,800 before starting a correction. The midnight session once again formed a double pin at 94,500, followed by a pressure-driven pullback, with the lowest dip to 91,300 before stopping the decline and rebounding. The overall rhythm remains a pattern of repeated oscillations.

What is the macro outlook?
External environmental factors, international relations, and other elements have sent some rebound signals to the market, but the enthusiasm for a second rate cut has diminished significantly, and the probability of further rate cuts is decreasing. This directly leads to a cooling of market expectations, increased selling pressure from institutions and large holders, and a noticeable shrinkage in trading volume. In simple terms, everyone is watching and the market is stuck in a wide-range consolidation.

How to interpret the technical analysis?
The monthly chart has shifted from upward to downward. After four consecutive bearish candles, a bullish candle appeared, but it is still oscillating around the mid-line, with an overall downward trend. On the weekly level, although volume has decreased and two bullish candles have formed, resistance above is clear, and the market is gradually moving downward. The daily chart shows the bulls being suppressed near the upper band, with a bearish candle closed yesterday. Watch for support around 91,300. The four-hour chart has shifted from bullish to bearish, forming a downward crossover, and the hourly chart continues to expand the bearish momentum.

Where are the key levels to watch?
Above, focus on whether 95,000 can be broken and held, below, maintain support at 84,000. $BTC's current rebound strategy is to look for long entries around 91,300-91,800 during the correction, with targets in the 93,000-95,000 range. For $ETH, consider going long if it retraces to around 3,180-3,200, with resistance levels at 3,280, 3,300, and 3,350.