$ETH , presents a more solid technical structure than BTC. If ETH consolidates in a range above 3,450, it could favor extensions towards areas of interest from the market, such as 3,865 dollars.
In the 4-hour chart, the price has moved within a range, where it is observed that this range has been narrowing, so that area becomes relevant for decision-making.
After reaching an area of interest, a profit-taking was observed on January 7, which led the price back towards that area, indicating active interest from the market. Keep attention on the 4-hour zones. #ETH #
#BTC , this Friday it is on a corrective pause after reaching an area of interest by market participants.
On the 4-hour chart, the price has not extended to other areas, remaining in a phase of pause.
Key areas to observe: 94,270 and 93,300. The loss of these levels could increase pressure towards lower areas.
On the other hand, if BTC shows continuity, it could favor an extension towards upper areas, with 101,500 as a reference, keeping attention on the area for decision making.
For two months BTC has been moving within a price range, targeting specific zones. This week we see it breaking out of that lateral movement to seek higher prices, as shown by the chart.
Saying we are in a new bullish phase is not yet justified, as BTC has only just broken above its previous high, which had been in a range for months.
We see that the price has reached an area of interest for traders. The question is, will the price continue to extend?
Possible Scenarios
First scenario: the price consolidates within a range around 93,500, then extends toward areas of interest such as 101,500 and 103,500.
Second scenario: if there is no interest from participants and it loses 93,333, it could move to lower lows, such as 86,000 #BTC
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Over the past two months, BTC has remained in an accumulation phase, moving sideways within specific zones, creating uncertainty about the next direction. In recent days, price behavior has begun to show greater clarity.
BTC is reacting at a significant zone.
As long as the price remains above the 94,500 zone, the current movement can be interpreted as a continuation within the structure, keeping open the scenario of exploring areas of greater interest.
If the price fails to hold above this zone, it cannot be ruled out that the market may need more time to consolidate before attempting a new impulse.
The price reaction at the 94,500 zone will be key to assessing whether participant interest remains or if the market reverts to a sideways behavior.
$BTC went to seek his goals as he had said yesterday, Monday, January 12, reaching his first target of 92,775 and second target of 93,465, is aiming to close above 94,500; if we consolidate above, we can go for the 101,500
As said, the two 4-hour candles were an indication of money entering BTC.
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Walrus and the challenge of storing large-scale data on blockchain
One of the biggest challenges of blockchain is not transaction execution, but efficient storage of large volumes of data. Walrus addresses this issue from the infrastructure. @Walrus 🦭/acc ocol is designed to handle large files through intelligent fragmentation and distribution, without compromising security or decentralization. This allows Web3 projects to scale without relying on external centralized solutions. For developers, Walrus represents a key tool that simplifies the creation of complex applications. The use of $WAL AL ensures a sustainable system and economically aligned with the network's growth. #walrus
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$BTC went to seek his goals as he had said yesterday, Monday, January 12, reaching his first target of 92,775 and second target of 93,465, is aiming to close above 94,500; if we consolidate above, we can go for the 101,500
As said, the two 4-hour candles were an indication of money entering BTC.
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#walrus $WAL Cryptocurrency projects grow, but their data remains a bottleneck. Walrus addresses this issue with a distributed and scalable architecture. @Walrus 🦭/acc $WAL #walrus
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In today's digital economy, data is the most valuable asset. However, its storage still relies on centralized infrastructures that concentrate power and create systemic risks. Walrus emerges as a solution designed for a truly decentralized data economy. @Walrus 🦭/acc allows information to be stored in a distributed manner, reducing dependence on traditional providers and increasing resilience against failures or censorship. This approach is crucial for applications requiring high availability and verifiable trust.
$BTC After this week's drop, BTC tried not to lose 90,500, I have highlighted two candles where bulls didn't want to lose control, two candles representing inflow of money, first price levels BTC will seek, 92,775 and 93,465.