2026-01-03 08:22:19

After a recent surge in Bitcoin and Ethereum, they are beginning to slightly retrace to correct the short-term overextension, currently testing key support zones.

The recent trading activity during the white hours has indeed been limited, as there was no US stock market catalyst over the weekend. The entire market is just oscillating and consolidating. During such times, it’s more reassuring to stay out of the market and observe.

From a technical perspective, Bitcoin around 89,400 is a good long entry point. If it retraces to around 89,000, adding to positions is appropriate, with a recent target of 90,500. For Ethereum, the current price around 3,075 can be considered for a long position. If it pulls back to 3,045, that’s also a good opportunity to add. The upper target range is between 3,120 and 3,150.

Risks in crypto investing always exist. Think carefully before entering, especially with contract trading, which requires extra caution.

BTC1.3%

ETH0.93%

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SchroedingerAirdrop

· 20h ago

The weekend market is so volatile, staying out of the market is still more comfortable. What are you waiting for? Just wait for the US stock market to open. Build a position at 89,400, but I feel there might be another dip... Futures are really money-losing machines; I advise everyone not to touch them. The price of 3075 is indeed a good entry point.

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OptionWhisperer

· 20h ago

Weekend market fluctuations are so volatile, it's annoying to watch. Staying out of the market is more comfortable. Enter long at 89400? I'll just watch quietly. Gotta prepare my mindset. Go long at 3075? Wait a bit, I feel there might be another dip. Too many contract traders have lost everything; I really don't want to get involved. Support levels and target prices—are they really so certain? Is there any real basis? Pullback correction? Honestly, no one knows what the next move will be.

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DegenDreamer

· 20h ago

That's how weekends are without US stock catalysts; anyway, I'm just on the sidelines watching the show. That 89,400 level is indeed tempting, but I still need to wait until it breaks below 89,000 before I dare to act. If Ethereum drops to 3,045, I will go all in.

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LucidSleepwalker

· 20h ago

Weekend should be a no-position period; this correction is normal, don't be anxious. Wait, is 89400 really the bottom? Feels like it could still fall further. Going long at 3075? I think it's risky, but 3045 might be worth considering. Contracts are killing me, don't ask me how I know. Why are there still people watching the market on the weekend? I've already relaxed. Will the key support at 89000 break? Honestly, I'm a bit scared. Can Ethereum reach 3150 this wave? Feels like overthinking. Weekend market is just like this, gathering strength, wait for the US stocks. Don't always think about making quick money; the correction is just a correction, no rush. I choose to believe in this support level, going all in. The biggest fear is a gap down on Monday; I really can't sleep well. Being in no position and observing is the most comfortable; anyway, missing out is better than losing money. Is 3120 really a resistance? Seems not that simple. Contract traders are all warriors; I just watch.

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OnChainDetective

· 20h ago

89400 this level is a bit suspicious. I just checked the whale address transfer records, and big players have been quietly accumulating over the past couple of days. Coincidence or not, it's stuck right here... The lack of US stocks over the weekend is indeed a cover-up; the real black-box operations are on the chain. Look at the fund flows of those institutional addresses—there's definitely a story there. Is it time to buy in at 3075? I suggest you first observe the movements of wallet cluster groups; the backend data doesn't seem quite right. Rebound support? That term sounds smooth, but I always feel someone is deliberately dumping to create panic. The true bottom price might not have been reached yet. This wave of recovery has been too "neat." The range from 89000 to 90500 is too standard. Could it have been prearranged...?

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