January 23rd BTC/ETH:

Evening PCE inflation data is coming, a good opportunity for a reversal?

Based on the November PCE expectation data this time, the three core data points—consumption, prices, and income—are basically in line with expectations. If the impact of rises and falls is below expectations, it will push the Federal Reserve to cut interest rates, which is bullish; conversely, if above expectations, it will be bearish. From the current published expectation data, it is in line with expectations and has little impact. However, today is Friday, and according to routine, there will be significant volatility. Please stay cautious!

BTC
The current market is in a low-range sideways correction, with the hourly K-line lows gradually rising. The rebound strength is limited, and it has not broken through the daily pressure of 9050. The daily chart forms three black crows, with prices constrained by moving averages and extremely reduced volume, indicating a clear downtrend. Additionally, with escalating geopolitical tensions, buying momentum weakens, and rebounds are powerless, mainly bearish.

Range around 9030-9080, with support at 9180, target 8920; if broken, look towards 8840-8720.

ETH
Range around 2973-3000, with support at 3043, target 2940; if broken, look towards 2865-2810.

Short-term trading is flexible and varies; support levels should be decided based on your own position and actual situation!$BTC #特朗普取消对欧关税威胁