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Bitcoin is currently encountering strong resistance around 98,500. If it can effectively break through this level, potential targets to watch for include 100,500, 101,500, 103,000, and 105,000.
On the downside, if 98,500 cannot hold, focus should be on support levels at 96,000, 94,000, and 92,000. The most critical support remains at 89,200, which is essentially the dividing line between bulls and bears.
Looking at CHZ, the bottom formation is basically complete between 0.028 and 0.03, and the current price has risen to 0.055. In the short term, support is around 0.05-0.052, with resistance at 0.06.
In the medium term, there is a chance to approach 0.096 by February. By March-April, consider scaling into positions at 0.14, 0.16, and 0.18, with a final target of 0.3. Based on this pace, it’s possible to take profits of over 70% in these zones through multiple entries. Considering previous highs at 0.65 and 0.9, if these historical highs are broken, a new rally could be expected.
For ETH, the key resistance level is at 3400. If broken, the so-called "Starry Sea" opens up, with subsequent targets at 3600, 3800, 4200, 4500, and 4750. On the downside, support levels are at 3150, 3050, 2750, and 2380.