#美国核心物价涨幅不及市场预估 January 16 evening technical observation:

Looking at the 4-hour chart of $BTC, this rally clearly lacks momentum. After breaking through 97k, it started to falter, with each attempt to push higher being pushed back, leaving long upper shadows and failing to stay above the upper Bollinger Band — indicating strong selling pressure at the top. Each surge is followed by a drop, repeatedly confirming the presence of a steel gate above.

The MACD on the 4-hour chart has already started to weaken, with the momentum bars getting shorter and shorter, showing that the bulls are clearly exhausted. The desire to rise is there, but buying volume is weak, lacking sustained upward momentum.

Switching to the 1-hour chart, the situation is even more straightforward. After falling below the middle band, the rebound is weak, with the price being suppressed by the middle band all day. Every attempt to push upward is seen as a chance to sell. Trading volume continues to shrink, which is a typical high-level trap — a fake rally to lure out sellers, not genuine upward movement, but a trap to shake out late buyers at the top.

$BTC resistance level is 96000-96500, support is around 95000-94000.
$ETH resistance level is 3330-3360, support is around 3250-3150.

In the short term, close attention should be paid to these key levels; whether they can be broken effectively will determine the subsequent direction.