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#美国核心物价涨幅不及市场预估 1.16 Market Daily Report
$ETH's recent correction shows the lows gradually rising, indicating that the bulls haven't loosened their grip. From the daily chart, the mid-line acts like a stabilizing anchor; as long as it remains, the bullish pattern won't collapse. Recent pullbacks haven't given the bears any opportunity, and this support has become quite solid.
Currently, the market is digesting the previous gains through oscillation, which is not a bad thing—actually, it provides ample time for technical analysis. I believe the overall trend will likely continue to fluctuate upward, with the strength of the technical framework remaining stable, and the medium to long-term trend intact.
In terms of trading, consider going long around the levels of 3260 and 3280 for $ETH, with targets at 3405 and 3460.
The pace of $BTC's movement is generally synchronized, and $BNB is also following suit. Overall, market sentiment is warming up.