2026-01-14 01:00:42

Wednesday Morning Notes:

$BTC surged to 96,777 in the early hours, then started to retreat; currently testing around 95,200 repeatedly. Looking at the 4H chart, six consecutive bullish candles have stacked up, and the KDJ indicator has also formed a golden cross but is still opening up, indicating a short-term upward momentum.

Trading strategy:
Support is at the 94,900-94,100 range; if broken downward, look for further decline. If not broken, continue aiming for 96,000-97,000.

$ETH is also finding a bottom around 3,300-3,270. If it stabilizes, it could target 3,350-3,380.

There is still a chance to go long at this level; the key is whether a volume breakout can be achieved.

BTC3.32%

ETH2.36%

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Hash_Bandit

· 01-17 00:43

ngl, that 96777 wick feels like classic distribution. seen this pattern a thousand times during difficulty epochs... folks panic selling right before the real move. if it holds 94.1k support, network consensus might actually push through to 97k territory. but that's a big if tbh. the hashrate backing this pump would need to be legit.

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MEVHunterX

· 01-14 01:30

96777 That wave of escape, I knew it would be like this. It's always the same pattern. Whether it can break through depends on the volume afterward.

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MiningDisasterSurvivor

· 01-14 01:29

Another six consecutive bullish candles and people start hyping it up. I've seen this many times since 2018, and in the end, it was just a complete wipeout. Do you really dare to buy the dip below 94100? Honestly.

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ChainComedian

· 01-14 01:12

96777 just runs away, truly courageous haha

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CantAffordPancake

· 01-14 01:12

96777 started running, why does it always fall just short?

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