Bitcoin's movement today is quite interesting. During the midday session, it oscillated upward, reaching a high of around 95250, but due to pressure from the chips, it pulled back and is now oscillating around the key level of 95000, confirming back and forth.
From the 4-hour perspective, the situation is worth noting — the Bollinger Bands are opening downward, the MACD is gradually weakening, and the energy bars are shrinking. The KDJ curve is also trending downward. The 1-hour chart shows the Bollinger Bands continuing to open downward, the MACD bars slowly weakening, but the energy bars are increasing, and the KDJ is also heading down. There is a subtle divergence here.
Galaxy Sunday Night Viewpoint:
For BTC, the resistance is stuck between 95400-95900, with the downside target around 94300-93300.
For ETH, the resistance is at 3340-3370, with support at 3290-3260.
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SatoshiChallenger
· 7h ago
The data shows that every time there is a "subtle divergence" at this level in history, the market has fallen quite significantly after six months. I'm not joking.
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SmartContractWorker
· 7h ago
95000 is still an interesting level; it feels like we're just oscillating around here today... The Bollinger Bands are widening, and the indicators are weakening, which is a bit uncomfortable.
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faded_wojak.eth
· 7h ago
95000 is really testing repeatedly at this level, it feels like the chips side is playing a game.
Should we see if it can break 95400? It feels a bit weak this wave.
With the Bollinger Bands spreading out like this, the biggest risk with divergence is a false breakout.
ETH should just honestly hold at 3290, it doesn't seem to have any special opportunities.
Core inflation data is positive, but BTC didn't rise, which makes it more suspicious.
#美国核心物价涨幅不及市场预估 January 18 Evening Market Brief:
Bitcoin's movement today is quite interesting. During the midday session, it oscillated upward, reaching a high of around 95250, but due to pressure from the chips, it pulled back and is now oscillating around the key level of 95000, confirming back and forth.
From the 4-hour perspective, the situation is worth noting — the Bollinger Bands are opening downward, the MACD is gradually weakening, and the energy bars are shrinking. The KDJ curve is also trending downward. The 1-hour chart shows the Bollinger Bands continuing to open downward, the MACD bars slowly weakening, but the energy bars are increasing, and the KDJ is also heading down. There is a subtle divergence here.
Galaxy Sunday Night Viewpoint:
For BTC, the resistance is stuck between 95400-95900, with the downside target around 94300-93300.
For ETH, the resistance is at 3340-3370, with support at 3290-3260.