2025-12-29 09:28:42

Bitcoin quickly rebounded from the low of 87,000, breaking through the key resistance level of 89,000 today with a surge in volume and a bullish candlestick, confirming the bullish trend without a doubt.

From a technical perspective, the golden cross resonance is moving upward, with red bars continuously increasing in volume, indicating that the bullish momentum is quite strong. In this rhythm, a pullback is an opportunity to enter the market, and now is the time to go long.

The specific trading strategy is: consider going long Bitcoin within the 89,300-88,700 range, with the initial target focusing on the 92,500-94,600 range. For Ethereum, the 2,960-3,000 range is a good entry point, with targets aiming at 3,070-3,160.

At this stage, whether it’s Bitcoin, Ethereum, or Solana, all show a clear upward momentum. Market sentiment is leaning towards optimism, and technical signals also indicate a positive outlook. Short-term traders who continue to be bullish can operate flexibly according to the above positions.

BTC-0.24%

ETH-0.55%

SOL-0.97%

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Anon32942

· 6h ago

89,000 has broken this wave, the bullish momentum is indeed strong

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WalletDivorcer

· 6h ago

89,000 has broken support. This bullish wave is really strong. Wait, we need to see if it can hold steady; afraid it might be a false alarm again. It feels a bit late to enter at this ETH price... Where's the expected pullback opportunity? Why is it still rising? Something's off. This rally is a bit too smooth. Stay cautious.

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MEVHunterZhang

· 6h ago

Once 89,000 is broken, just push through. This wave definitely looks promising.

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BlockchainBard

· 6h ago

89,000 broke support. Can this rally push the price to 94,600? I think it's uncertain. --- It's another golden cross resonance. I've heard this explanation for a year. --- Honestly, those entering now are probably just catching the bag. --- Trying at 88,700 is possible, but I don't believe the pullback is the bottom. --- Solana is following the upward trend, beware of getting chopped. --- Long at 89,300? I'd rather wait for a lower point. --- This rebound is indeed strong, but watch out for distribution at high levels. --- Target set at 94,600, just listen, don't take it seriously. --- Entering at 2,960 ETH? I think it still needs to fall further. --- Strong bullish momentum is real, but beware of false breakouts. --- Is the target of 92,500-94,600 set too high? --- Short-term bullish is fine, but what about long-term? --- Golden cross upward, but can the volume sustain? --- I just want to know if it will dip again this time.

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MiningDisasterSurvivor

· 6h ago

I've been through it all. I also said the same during the golden cross resonance in 2018. But what happened? I woke up to find myself back to square one overnight.

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HorizonHunter

· 6h ago

89,000 breakdown this wave is a bit fierce, but I’ll still wait and see, afraid of getting stuck with the bag holder. Damn, it’s another golden cross resonance, tired of hearing this rhetoric... Can ETH surge to 3160? I don’t believe you, but 2960 is indeed worth a try. The bulls are so strong, why am I still feeling anxious... Breakthrough is a breakthrough, can we stop whining about so many technical indicators? Solo is rising so fiercely, why haven’t I jumped in yet? Is this really confirmed this time? Or is it another double top wave?

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