#美国核心物价涨幅不及市场预估 Bitcoin Holding Cost Map | January 18 Observation| How do we view the current situation? Let's analyze it from on-chain data. **Support levels below** Those who entered 6 to 12 months ago have an average cost basis around $101,000. These investors hold quite a few chips, and once the price approaches this level, they may feel some pressure to sell. This can be seen as a hurdle that a short-term rebound needs to break through. Further down, investors holding for 12 to 18 months have a cost basis of about $81,700. This level represents a relatively solid bottom. Although the price is still quite far from here now, these long-term players are unlikely to sell easily, which provides psychological support for the market. Additionally, those who bought near the January high are still holding on tightly, giving the market some resilience. **Resistance levels above** Pay attention to the $114,650 level. Investors who bought 3 to 6 months ago have a cost basis around this area. Once the price rebounds to this zone, many will consider whether to sell some assets near the breakeven point. This could create some selling pressure. $BTC $ETH $SOL On-chain holding cost data remains a valuable reference, helping to understand the psychological expectations at various price levels.

January 18th Bitcoin Price Movement Observation Bitcoin has retraced from 97,932 and is now oscillating around the 95,000 level, which is a typical accumulation phase. Looking at the 1-hour chart details, the lowest point at 94,200 has successfully held, and the previous consolidation platform has not been effectively broken. This indicates that the retracement is healthy, simply digesting the previously trapped positions. Short-term selling pressure is gradually easing, and bullish momentum is building. Breaking the previous high of 97,900 is not a matter of if, but when. Once it stabilizes here, the upside space will be fully open, and the 100,000 mark will be no obstacle at all. Practical trading strategy: Consider going long at 94,200 and 94,800. The first target is 98,000; if this level is broken, aim directly for 100,000. Focus on the coin: #美国核心物价涨幅不及市场预估 $BTC $SOL

#美国核心物价涨幅不及市场预估 Ethereum on-chain activity is heating up again On January 16th, the ETH network's daily transaction volume exceeded 2.88 million, setting a new record. This is not a slight fluctuation — it's a continuous new high. The interesting part is this: price fluctuations often lag behind, but on-chain activity does not. When transaction activity suddenly explodes, it often indicates that big players are quietly positioning themselves. Who does this signal matter most to? Those who know how to read on-chain data. When they see these kinds of indicators, they usually start re-evaluating their positions. The macro environment continues to evolve, and micro-level activity has long provided the answer. $BTC $ETH $SOL, several mainstream assets are worth paying attention to.