2026-01-15 10:30:54

Market Observation for Thursday, January 16:

From a technical perspective, although Bitcoin's KDJ has entered overbought territory and the MACD has formed a death cross in the short term, these are only minor technical correction signals. The medium-term upward trend remains intact. More importantly, the ATR indicator has remained at a high level, indicating that market trading activity is still active and there are no signs of significant capital outflows.

Based on trader insights:
Bitcoin is currently supported at 96,500-96,000, with a target range of 97,600-98,400.

For Ethereum, the key support levels are at 3,340-3,320, with resistance above at 3,390-3,420. #美国就业数据不及预期 $ETH is still consolidating and searching for direction.

Overall, although there is short-term technical correction pressure, market enthusiasm remains strong. This adjustment is more about preparing for the next upward move.

BTC-3.01%

ETH-3%

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P2ENotWorking

· 01-18 05:35

Talking about the big trend not being broken again, I'm tired of hearing this phrase... Let's wait until it's actually broken before discussing it.

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TheShibaWhisperer

· 01-16 23:30

Starting to talk about technical analysis again, basically it still depends on how the funds move. Can the 96,500 level hold?

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MetaDreamer

· 01-15 21:03

Wait, just because KDJ shows a death cross in overbought territory, can we say the big trend isn't broken? That logic is a bit too simplistic. And it's always "correction is to prepare for a rise." I've been hearing this phrase for half a year. When will it actually go up?

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DancingCandles

· 01-15 11:00

Haha, another death cross, but ATR is still high, so this is interesting. I'm telling you, if the 96,500 support level breaks, I'll admit defeat. Ethereum at 3,320 feels risky; we still need to see if it can hold.

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AirdropSweaterFan

· 01-15 10:59

High ATR indicates ongoing activity. Don't panic during this wave; it's a solid consolidation phase.

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rugpull_ptsd

· 01-15 10:58

It's the same old story again, "Adjustment = preparing for an increase." I've heard this logic a hundred times before.

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OnchainUndercover

· 01-15 10:49

Damn, ATR is still high? That indicates the main players haven't exited yet, so there's a good chance of continued upward movement.

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WalletDetective

· 01-15 10:45

Hey, the KDJ overbought death cross is back again. I'm tired of hearing this stuff... But ATR is still holding up, which is a bit interesting, indicating that retail investors haven't all fled yet.

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SmartContractDiver

· 01-15 10:44

I just like this kind of adjustment. Wow, I can buy the dip again.

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