Today is the first day of 2026. First, I wish all the friends in the cryptocurrency circle a smooth path to wealth!
From the current market situation and the analysis of the four-hour chart, the price has clearly encountered selling pressure after reaching the previous high area. Although there was a brief upward trend, a pullback occurred afterward, and it did not break through the previous structure. Several important support levels below have shown signs of stopping the decline multiple times, and the overall trend is leaning towards a consolidation phase of profit-taking, with the price fluctuating within a relatively stable range. From the short-term trend perspective, the overall trend has not been significantly damaged, but selling pressure still exists.
On the one-hour chart, the price has stabilized and stopped falling, with the lows not creating new lows, and the bearish strength gradually weakening. However, the trading volume during the rebound process is relatively sluggish, showing a weaker rebound pattern, and the short-term trend is still in a fluctuating range. Overall, it is still recommended to look for long opportunities when the price pulls back as a priority.
For the major coin range: Long at 87500-87000, with 86500 as the replenishment position, targeting 88500-89800 above.
Daily focus: LIGHT RIVER Q COLLECT HOME EPT