Bitcoin's 4-hour chart shows a strong pattern, with repeated tests of resistance levels during fluctuations. The candlesticks display prominent long shadows, indicating that the bears' resistance should not be underestimated. The Bollinger Bands are gradually expanding, and the support at the lower band remains solid, signaling a buildup of strength. On the hourly level, the price has stabilized above the middle band, with the MACD lines converging, maintaining a strong bullish atmosphere. After sufficient consolidation, an upward breakout remains possible.
Specifically: #美国消费者物价指数发布在即 repeatedly confirmed support in the 90900-90400 range, with the key resistance zone targeting 92000-92800. $BTC is seeking support between 3070-3050, with upward space directly aiming at 3120-3150.
Additionally, the US CPI data is about to be released, which will be an important turning point for the market. Close attention should be paid to the market changes.
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RugPullSurvivor
· 16h ago
CPI is causing trouble again, doing the same thing every time... Let's wait for the data, anyway, breaking through the 90900 level is impossible, and 92000 is pointless.
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WalletDetective
· 16h ago
Looking forward to this wave, the night before CPI is always like this building momentum. Breaking through feels great.
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FlashLoanPrince
· 16h ago
Ah, it's CPI again. Will it crash and drop this time?
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GhostInTheChain
· 16h ago
Let's wait for the CPI data to be released. This wave of market movement depends entirely on it. Do you want to take a gamble?
Tuesday, January 13 Morning Market Observation:
Bitcoin's 4-hour chart shows a strong pattern, with repeated tests of resistance levels during fluctuations. The candlesticks display prominent long shadows, indicating that the bears' resistance should not be underestimated. The Bollinger Bands are gradually expanding, and the support at the lower band remains solid, signaling a buildup of strength. On the hourly level, the price has stabilized above the middle band, with the MACD lines converging, maintaining a strong bullish atmosphere. After sufficient consolidation, an upward breakout remains possible.
Specifically: #美国消费者物价指数发布在即 repeatedly confirmed support in the 90900-90400 range, with the key resistance zone targeting 92000-92800. $BTC is seeking support between 3070-3050, with upward space directly aiming at 3120-3150.
Additionally, the US CPI data is about to be released, which will be an important turning point for the market. Close attention should be paid to the market changes.