比特币的新年涨势已陷入停滞，引发人们对看涨势头是否正在减弱的担忧。

根据给定的图表，比特币目前交易价格为 104,899 美元，在触及 106,214 美元后小幅回调后下跌 1.21%。

Bitcoin's New Year rally has stalled, sparking concerns about whether the bullish momentum is weakening. According to the given chart, Bitcoin is currently trading at $104,899, a 1.21% decrease after retracing slightly following reaching $106,214. The overall trend is still bullish, but fatigue is beginning to show. The chart's critical observation is how closely Bitcoin adheres to its rising trendline.

比特币的新年涨势陷入停滞，引发了人们对看涨势头是否正在减弱的担忧。根据给定的图表，比特币目前交易价格为 104,899 美元，在触及 106,214 美元后小幅回调后下跌 1.21%。整体趋势依然看涨，但疲态已开始显现。该图表的关键观察是比特币与其上涨趋势线的紧密程度。

The rally that began in late October is still going strong as Bitcoin continues to trade above key support levels. Notably, the 50 EMA has provided reliable dynamic support, and the $98,400 and $97,500 levels could serve as safety nets if selling pressure builds. You should also pay close attention to volume. Bulls may be losing steam if recent trading sessions reveal a drop in buying volume.

随着比特币继续交投于关键支撑位上方，自 10 月底开始的反弹仍然强劲。值得注意的是，50 EMA 提供了可靠的动态支撑，如果抛售压力增大，98,400 美元和 97,500 美元的水平可以作为安全网。您还应该密切关注交易量。如果最近的交易日显示买盘量下降，多头可能会失去动力。

A breakout above $106,000 would likely have attracted a wave of new buyers, but the lack of follow-through suggests a brief pullback rather than a complete trend reversal. For the time being, Bitcoin's short-term path is largely dependent on its ability to sustain support above the trendline. The next significant support is located close to $90,000. If this structure is broken, the price may be exposed to further declines.

突破 106,000 美元可能会吸引一波新买家，但缺乏后续行动表明短暂回调而不是完全趋势逆转。目前，比特币的短期走势很大程度上取决于其维持趋势线上方支撑的能力。下一个重要支撑位于 90,000 美元附近。如果这种结构被打破，价格可能会进一步下跌。

Bitcoin maintains its bullish stance for the foreseeable future. Corrections like this are normal during extended rallies, and the uptrend is still intact. To confirm the next leg up, Bitcoin must close decisively above its previous high in order for the rally to continue. If this is not done, the market may cool off and enter a more extensive consolidation phase.

在可预见的未来，比特币将保持看涨立场。在长时间的反弹期间，这样的修正是正常的，而且上升趋势仍然完好无损。为了确认下一波上涨，比特币必须果断收盘高于之前的高点，才能继续上涨。如果不这样做，市场可能会降温并进入更广泛的盘整阶段。

Ethereum's weakness

以太坊的弱点

Ethereum is exhibiting signs of weakness following its inability to sustain momentum at its most recent local peak, which was close to $4,100. The price is currently down 0.69% to $3,867 after a minor retracement. Concerns regarding the formation of a potential bearish trend on Ethereum's chart are raised by this pullback.

以太坊在最近接近 4,100 美元的局部峰值无法维持势头后，表现出疲软迹象。经过小幅回调后，价格目前下跌 0.69% 至 3,867 美元。此次回调引发了人们对以太坊图表上潜在看跌趋势形成的担忧。

Dropping from the recent high is the first warning sign. Ethereum is now having difficulty holding above its 20-day EMA, a crucial short-term support level that is presently centered around $3,707 following weeks of robust upward movement. The 50 EMA, which is located close to $3,355, is the next important support if ETH is unable to hold this level.

从近期高点回落是第一个警告信号。以太坊现在很难守住 20 日均线，这是一个关键的短期支撑位，在经历了数周的强劲上涨之后，目前该支撑位集中在 3,707 美元附近。如果 ETH 无法守住该水平，则位于 3,355 美元附近的 50 EMA 是下一个重要支撑。

A decline below this range might indicate a change in the mood of the market and push ETH closer to the psychological $3,000 mark. There is also the issue of volume data. Ethereum saw a spike in November, but recent sessions indicate that buying volume has decreased.

跌破该范围可能表明市场情绪发生变化，并将 ETH 推向 3,000 美元的心理关口。还有体量数据的问题。以太坊在 11 月出现飙升，但最近几个交易日表明购买量有所下降。

Bulls may be losing steam, as indicated by the waning buying pressure, which leaves ETH open to additional selling pressure. Technically speaking, there is a bearish divergence beginning to form on Ethereum's price chart. The relative strength index, or RSI, is exhibiting signs of stagnation close to 63, a level that frequently indicates a loss of bullish momentum even though prices reached a local high.

正如购买压力减弱所表明的那样，多头可能正在失去动力，这使得 ETH 面临额外的抛售压力。从技术上讲，以太坊的价格图表上开始形成看跌背离。相对强弱指数（RSI）显示出接近 63 的停滞迹象，这一水平经常表明尽管价格达到局部高点，但看涨势头正在丧失。

A deeper bearish trend may be confirmed if the RSI continues to decline. Ethereum's overall long-term trend is still positive, as long as it stays above important support levels, even with the short-term bearish outlook. The $3,707 and $3,355 support zones are crucial for investors to monitor. Reviving bullish momentum and laying the groundwork for a possible recovery could be achieved by a bounce from these levels.

如果 RSI 继续下降，则可能会确认更深的看跌趋势。即使短期前景看跌，只要其保持在重要支撑位之上，以太坊的整体长期趋势仍然是积极的。 3,707 美元和 3,355 美元的支撑区域对于投资者来说至关重要。从这些水平反弹可以重振看涨势头并为可能的复苏奠定基础。

Dogecoin's decline

狗狗币的衰落

The price of Dogecoin is still declining as it tries to stay above important support levels. The meme coin is currently trading at $0.386, down about 2.04% in the last day, and the technical outlook is still worrisome. The ascending channel that DOGE used as a key support during its most recent rally has clearly broken down in the company's recent price action.

狗狗币的价格仍在下跌，因为它试图保持在重要支撑位之上。 Meme币目前交易价格为0.386美元，最后一天下跌约2.04%，技术前景仍令人担忧。 DOGE 在最近的上涨过程中用作关键支撑的上升通道在该公司最近的价格走势中明显被打破。

The $0.45 region has now become strong resistance due to the inability to sustain momentum. Dogecoin may soon approach the 50-day EMA, which is presently at $0.35 as a result of this breakdown. It is concerning that the asset is testing this level so soon after its rally, even though it offers strong technical support.

由于无法维持势头，0.45 美元区域现已成为强劲阻力。狗狗币可能很快就会接近 50 日均线，由于这次崩溃，目前该价格为 0.35 美元。令人担忧的是，尽管该资产提供了强有力的技术支撑，但在上涨后不久就测试了该水平。

This pullback's decreasing volume emphasizes the waning buying pressure even more. Because there is not much demand, DOGE bulls are reluctant to intervene, which leaves the asset open to more declines. The $0.28 mark is the next crucial support if the 50 EMA does not hold.

此次回调成交量的减少进一步凸显了买盘压力的减弱。由于需求不多，DOGE 多头不愿干预，这使得该资产有可能进一步下跌。如果 50 EMA 未能守住，0.28 美元关口将是下一个关键支撑位。

A decline below this might pave the way for a more severe correction in the direction of $0.21, a level not seen since the last significant breakout in November. Although it is not yet oversold, DOGE's current position near 56 on the

跌破该水平可能会为 0.21 美元方向更严重的修正铺平道路，这是自 11 月份上次重大突破以来从未见过的水平。虽然尚未超卖，但 DOGE 目前的位置接近 56 点