Bitcoin showed a strong breakout upward trend today, driven by the dual positive catalysts of the unexpectedly dovish US December CPI data and the promising implementation of the CLARITY Act regulatory bill. Starting from the intraday low around 91,000, it launched a fierce rally, continuously breaking through key levels at 93,000, 94,000, and 95,000, with a high approaching the 96,800 region, gaining over 5% intraday. Ethereum's movement remained highly correlated with Bitcoin, surging strongly from a low of 3,096 and successfully surpassing the 3,300 USD mark, with an intraday increase of 8.77%. The mainstream coins in the market resonated with this upward trend.



On the daily chart, the upward channel has further widened significantly. The price strongly broke through the previous consolidation range and stabilized above the upper Bollinger Band. The moving averages are arranged in a neat bullish order, with MACD continuously increasing its volume, and DIF and DEA remaining above the zero line, indicating a comprehensive strengthening of the bullish trend, with a solid and sustained structure. The four-hour chart continues its strong unilateral momentum, with consecutive bullish candles and a continuous upward push relying on the upper band. The upward momentum bars keep expanding, and the golden cross is spreading, forming a strong upward trend, further solidifying the daily bullish foundation. Although a short-term overbought signal has appeared on the hourly chart, with the price slightly pulling back around 96,800, this is a normal profit-taking process after a breakout and not a trend reversal signal. The core purpose is to accumulate strength for subsequent attempts to hit 97,000 and higher targets.

In terms of trading strategy, the focus remains on retracement-based long positions, with particular attention to the key support zone between 94,000 and 93,000. As long as this area is not effectively broken, the bullish pattern will continue. Resistance above is focused on the 96,000-97,000 range. Once broken, the target can be shifted upward to 98,000-100,000. Proper stop-loss measures should be in place to guard against short-term volatility risks.

Specific operational suggestions: Pay attention to the support levels at 95,000-94,300 and 93,500-92,800. If these levels hold, consider attempting low buy-ins. Currently, 94,500 has already broken through; as long as it stabilizes at 94,500, I have already mentioned this to everyone. The next targets are 96,500, 99,000, and the 100,000 mark.
GT2,92%
BTC3,34%
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