Multi-asset technical quick read: BTC breaks through 95,000, gold, USD, and NASDAQ 100 focus simultaneously

Bitcoin Leads the Rally with Five Consecutive Days of Strong Performance

Bitcoin rose by 1% during Monday’s session (January 5), reaching a high of $93,330, potentially marking five consecutive days of gains. According to the latest data, BTC’s current price has reached $96.91K, with a 24-hour increase of +1.95%, and a strong bullish market sentiment. After stabilizing above the key support level of $86,000, BTC has gradually rebounded, with the AO indicator signaling strong momentum, suggesting the main trend moving upward.

If Bitcoin fails to effectively break through the 95,000 level, it is expected to further rebound and challenge the $100,000 mark. However, investors should be cautious; if the price ultimately falls below $86,000, downside potential may open up, testing the $80,000 support level.

Technical Levels (based on isobaric chart analysis):

• Support levels: 90,000, 86,000, 80,000
• Resistance levels: 95,000, 100,000, 110,000

Nasdaq 100 Short-term Correction Awaiting Confirmation

The Nasdaq 100 index increased by 0.36% during Monday’s session, temporarily holding above 25,300 points. Although it experienced four consecutive days of decline previously, the overall upward trend remains intact. From a medium-term perspective, if the Nasdaq 100 can find effective support at 23,900 points, the medium-term upward channel is expected to continue.

In the short term, 25,300 points is a key observation level. Once stabilized above this level, there is still potential for a rebound toward 26,000 points, aiming for the high of 27,630 points.

Technical Levels:

• Support levels: 25,300, 24,700, 24,000
• Resistance levels: 26,000, 27,000, 27,630

Gold Rebounds to Recover 4400 but Faces Resistance

Gold increased by 1.67% during Monday’s session, reaching a high of $4,421.5, successfully reclaiming the $4,400 level. However, it is important to note that gold found support around $4,300 in the short term and is currently consolidating near $4,400, facing multiple resistance levels above. A short-term rebound followed by a correction is possible.

If gold’s rally is blocked at $4,465, the market may further decline to test $4,300 or even $4,150. To reverse the downtrend, it must first break above and hold above $4,400.

Technical Levels:

• Support levels: 4,300, 4,150, 4,000
• Resistance levels: 4,400, 4,500, 4,620

US Dollar Index Hits Near-Month High; Rebound Momentum Expected to Continue

The US Dollar Index rose by 0.35% during Monday’s session, reaching a high of 98.79, a near one-month high since December 10. Notably, the dollar index has gained four days out of the past five trading days, highlighting increased market buying interest, and the rebound pattern is expected to persist.

If the dollar index encounters resistance at 98.5, it is expected to further rise and challenge 99.5 or even 100. In the medium term, attention should be paid to the 98.0 level’s support or resistance.

Technical Levels:

• Support levels: 98.5, 98.0, 96.5
• Resistance levels: 99.5, 100.0, 101.5

Macro Background: Geopolitical Tensions Boost Safe-Haven Buying

On Saturday (January 3), U.S. military actions against Venezuela involved military operations and the arrest of relevant leaders, significantly increasing geopolitical risks. This event has raised concerns among investors about stability in Latin America, prompting capital flows into traditional safe-haven assets, and driving the US dollar, gold, and other assets higher. Although the Trump administration may intervene heavily in Venezuela’s oil industry, restarting operations involves long timeframes and substantial capital investment, limiting short-term impact on oil prices. It is expected that US dollar assets and gold will continue to benefit from the safe-haven sentiment.