#美国核心物价涨幅不及市场预估 January 17 BTC / ETH Market Observation

Bitcoin's performance today is quite interesting — it surged up and then pulled back, but didn't drop further, basically hovering around the 96,500 level. In the evening, US stocks experienced some volatility, causing the market to sway back and forth, briefly falling to around 95,500, then bouncing back up. In simple terms, our morning judgment was correct; the overall rhythm is still under control.

From the candlestick perspective, the four-hour chart of BTC shows that after this wave of continuous upward movement, it has now entered a consolidation phase. This is a normal approach and not a sign of reversal. The overall upward framework remains intact, and the bears haven't broken the bullish momentum. Once this correction ends, there is still upward strength ahead. On the hourly level, although there is some fluctuation, each pullback has been well-controlled, with no real breakdowns, so the short-term bullish logic still holds.

Ethereum is moving in tandem with the broader market and remains structurally healthy. Every time it pulls back, there are buyers stepping in, indicating a continued desire to go higher.

Trading ideas:
BTC can be entered in multiple positions within the 95400–95800 range
Target levels are 97500–98000
ETH can be accumulated in batches at 3250–3270
Target levels are 3350–3380

$BTC $ETH