#美国消费者物价指数发布在即 Bitcoin and Ethereum January 14 Early Morning Trading Strategy
Take a look at the market, $BTC is currently in a clear upward trend. From a technical perspective, the moving average system is well aligned, showing obvious bullish features. The recent engulfing pattern also provided several confirmation signals, indicating the short-term continuation of the upward momentum.
However, to be honest, the price is approaching the strong resistance level at 94,760. The energy at this level is clearly weakening, and market sentiment has already reached overbought levels, so a pullback may occur in the near future. In this situation, a rebound strategy is more prudent.
Trading references: - $BTC can rebound around 93,600-94,000, targeting near 92,000-91,500 - $ETH can follow the range of 3,190-3,220, with targets around 3,120-3,080
Additionally, keep an eye on the release of US economic data, as such positive or negative news often leads to a shift in market rhythm. Maintaining a flexible approach in the short term is quite important.
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OldLeekNewSickle
· 21h ago
It's another rebound operation with the risk of overbought conditions, sounds like you're just leaving yourself an escape route, haha.
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SolidityJester
· 21h ago
The 94760 resistance level is back. Will it really break through this time or will it pull back again? Anyway, I don't dare to chase the high.
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AirdropHustler
· 21h ago
94760, there's really no room at this level, it feels like a dump could happen at any time.
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FastLeaver
· 21h ago
Another rebound operation, I'm tired of hearing it... Is overbought really that accurate?
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ImpermanentPhobia
· 21h ago
94760, this position really can't hold anymore. I bet fifty cents that when the CPI data is released, there will be another plunge.
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MEVSandwich
· 22h ago
94760, this resistance level feels a bit weak. Be cautious if the momentum wanes.
#美国消费者物价指数发布在即 Bitcoin and Ethereum January 14 Early Morning Trading Strategy
Take a look at the market, $BTC is currently in a clear upward trend. From a technical perspective, the moving average system is well aligned, showing obvious bullish features. The recent engulfing pattern also provided several confirmation signals, indicating the short-term continuation of the upward momentum.
However, to be honest, the price is approaching the strong resistance level at 94,760. The energy at this level is clearly weakening, and market sentiment has already reached overbought levels, so a pullback may occur in the near future. In this situation, a rebound strategy is more prudent.
Trading references:
- $BTC can rebound around 93,600-94,000, targeting near 92,000-91,500
- $ETH can follow the range of 3,190-3,220, with targets around 3,120-3,080
Additionally, keep an eye on the release of US economic data, as such positive or negative news often leads to a shift in market rhythm. Maintaining a flexible approach in the short term is quite important.