2026-01-16 08:22:27

Cryptocurrency Market Technical Analysis for January 16

The current market is in a consolidation phase, with BTC and ETH performance worth paying attention to.

【BTC Trading Strategy】
Consider entering long positions at the 94500 and 94000 levels, with a stop-loss set at 93000. The upside target is 97500. As long as there are no significant volume spikes or large bearish candles on the 12-hour and 4-hour charts, hold your position and wait for a breakout. If the key support level is broken, it’s advisable to exit promptly and observe.

【ETH Trading Strategy】
Entry points focus around 3270, with a stop-loss at 3240 and a take-profit target of 3480. The overall logic is similar to BTC—look for direction during sideways movement, and do not exit unless key levels are broken.

【Core Strategy】
Fast entry and exit are crucial. Before any clear signs of a decline appear, you can comfortably hold your positions; once key support is broken, stop-loss immediately and wait for new opportunities. When market certainty is low, flexibility and adaptability are most important.

The above is solely personal technical analysis and should not be considered investment advice.

BTC-2.08%

ETH-1.55%

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alpha_leaker

· 8h ago

Talking about support again, can it hold this time? --- That 93000 line feels even more fragile than paper. --- Quick in and out, easy to say, but who isn’t trembling when it’s a critical moment? --- Entering at 3270, just listen, I’ve already been trapped anyway. --- With such low certainty in this wave, daring to call for a target, quite brave. --- After watching for a long time, still waiting for a crash, I’ll go to sleep first. --- That same set of excuses... let me ask if there’s an arbitrage opportunity. --- No entry without a break, run if it breaks, isn’t that just gambling on human nature?

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JustHodlIt

· 8h ago

I am a long-term bullish veteran trader, closely watching the 4h and 12h charts on the technical side. A few of my comments: 1. If 93000 breaks, you really need to run; too many people don't believe this evil. 2. Fast in and out sounds easy, but in reality, the hardest part is mindset. Do you dare to truly follow disciplined stop-loss? 3. Sideways movement is just testing; BTC has been swinging here for too long, sooner or later it will choose a direction. 4. Many people probably entered at ETH 3270; it all depends on whether it can hold the 3240 line. 5. When market certainty is low, it's time to reduce positions, not to keep going all-in. 6. Don't look at the 1-minute chart all day; that's all false signals. The 4-hour chart is the real indicator. 7. The 97500 target feels a bit greedy; better to first look at 96000.

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SocialAnxietyStaker

· 9h ago

There's some interest around 94,000, but I'm worried about support breaking instantly. The biggest risk in this industry is missing the imagined opportunity. It's all about quick in and out; it sounds simple, but in practice, it can lead to heavy losses. Can we really wait for the key levels not to break? Entering ETH at 3270? Feels like it might drop, but recently there haven't been any definitive signals.

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MoneyBurnerSociety

· 9h ago

It's another "key support holds, don't exit," and last time I said that, I ended up buying at the top. The king of negative alpha is back in action. Is this the ultimate guide to buying at the highest point this time? Enter long at 94500? I bet five dollars that this is the price I will cut my position next time. Quick in and out sounds pretty professional, but in reality, it's just the art of quickly cashing out. Looking for direction during sideways trading? Why not just flip a coin—it's more accurate.

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HashRateHermit

· 9h ago

I've had my eye on that key support at 94,000 for a while. Let's see if it can hold today.

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OldLeekMaster

· 9h ago

Same old story, entering long positions at 94,500 and it's all over? Feels like every time they say "don't exit until the key level is broken," but the moment it breaks, everyone is stunned haha

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