Wednesday, January 14 Morning Review



Last night, US CPI data was released, exceeding expectations and boosting market bullish sentiment. From the daily chart, $BTC has risen from 91,700 to 93,700, currently stabilizing above 93,000, showing a relatively solid upward move recently. From a technical perspective:

On the daily level, there are three consecutive bullish candles, MACD has crossed above zero and is moving upward, and KDJ has generated a bullish crossover and is trending higher, indicating good overall momentum. Although a bearish candle appeared on the 4-hour chart, it remains above the upper band, with the main trend still upward. On the hourly chart, bullish momentum has slightly converged, showing a pattern of two consecutive bullish candles followed by a doji, suggesting a short-term correction is possible, but the small lower shadow indicates support below.

Overall, Bitcoin still has room to rise, and it may be considered to buy on dips, while also planning for a rebound and high-position selling strategy.

**Trading Ideas:**

$BTC: Around 92,800-92,500 can be bought, targeting the 94,300-94,800 range. If it breaks below, consider reversing the position.

$ETH: Around 3,165-3,145 can be bought, targeting 3,225-3,255. If it breaks below, consider shorting.

#美国非农就业数据未达市场预期 $BTC $SOL
BTC3,2%
ETH3,21%
SOL2,15%
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zkProofGremlinvip
· 2h ago
Another MACD golden cross? I feel like this technical analysis can be turned into a template; it's always the same script every time.
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rugpull_survivorvip
· 2h ago
It's the same story again with CPI beating expectations, playing out like this every time, getting tired of it... However, there's definitely some momentum above 93,000, but the short-term correction risk is a bit high. It's safer to wait until 92,500 to get in.
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RektButSmilingvip
· 2h ago
Another wave of CPI positive boost to the market. I'm tired of this routine... Can 93,000 really hold steady? Seems like we need to wait and see.
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pvt_key_collectorvip
· 2h ago
The 93,000 level is about to trigger another tug-of-war. The CPI positive data is like a strong shot of confidence; in the short term, the bulls still have a chance.
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ImpermanentTherapistvip
· 2h ago
If 93,000 can't hold, just drop it directly. Don't tell me about golden cross MACD; this bullish momentum looks fake.
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WhaleMinionvip
· 2h ago
93,000 is going to drop back again, all the long positions from yesterday should be cut now.
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ApeEscapeArtistvip
· 2h ago
Once again, everyone is celebrating the CPI positive news. Brothers, don't be fooled. If this rebound goes too high, it might trigger a sell-off.
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