#美国核心物价涨幅不及市场预估 Market Review and Future Strategy丨1.16 Trading Journal

Yesterday's midday shorting strategy once again yielded profits. Bitcoin successfully gained 2000 points on short positions around 9.65/9.7, and Ethereum gained 100 points on short positions in the 3330/3400 range. Thanks to friends who followed the strategy.

**Bitcoin Technical Review**

From the daily chart, although there was a rally yesterday, it ultimately closed with a small bearish candle, indicating that the bullish momentum is still in the testing phase. The key support level is at 9.5. If the price retraces and breaks below this level, there is still support at 9.38 below. Short-term resistance mainly focuses on the 9.6 level where the 1-hour moving averages converge. On the 4-hour chart, 9.5 remains the core support; if it is broken, the bulls will face pressure. The recent strategy is to observe the retracement performance before making further decisions.

**Ethereum Technical Review**

The price surged again yesterday towards the MA256 daily moving average but still failed to break through and stabilize above it. This indicates that the 3400 level remains a strong resistance. Without an effective breakout, a sustained bullish trend is unlikely. On the 4-hour chart, 3280 is the support below, and 3325 is the resistance above. There is a high probability of oscillation within this range in the short term.

**Midday Trading Nodes** (Writing time 16:10)

$BTC : Short positions at 9.6/9.7, targeting 9.5/9.4; if the price retraces downward and breaks below, consider long positions in the 9.3/9.4 range, expecting a rebound of 1000-2000 points.

$ETH : Short at 3320/3380, target 3270/3230; if it falls to 3230/3200, consider long positions to catch the rebound, expecting 60-100 points bounce.

Continue to monitor market dynamics, maintaining this strategic framework.