This is the 4-hour chart of Bitcoin.
Due to deep-seek issues in the US stock market and the crypto market, price corrections have occurred.
Previously, I mentioned that Ethereum had a strong support line around the $3000 level, and it would be a good idea to enter a buy around that level. Currently, Ethereum has not broken below $3000 and has rebounded to around $3250.
Honestly, I think whales were just taking profits and caused the reason to be released.
January hasn’t seen a significant price increase. I believe it’s a breather after the rally that started in November of last year.
As for Bitcoin, I think a range has now formed between $100k and $110k, and it would be difficult for it to break below this level.
I’m planning to focus on buying at least up to the $140k range. After that, I’m preparing for a short-term downturn, and then for the final rally of the 2025 cycle.
From a big-picture perspective, I believe buying around the $100k mark will be a very favorable position. Even at the current levels, there’s a possibility of a price surge, so it would be a good idea to focus on buying.