2026-01-16 00:25:37

These past couple of days, Bitcoin's movement has been quite interesting. After a surge and pullback in the early session, the price quickly stabilized above 96,500 and has been consolidating sideways. In the evening, U.S. stock market fluctuations triggered significant volatility, briefly probing the key support level at 95,500, but it quickly rebounded and recovered. The entire process followed the morning's forecast perfectly, showing a market pattern of—buying on dips and decisive upward moves. This "buy the dip and lift-off smoothly" characteristic indicates that the bulls are still firmly in control of the market rhythm.

From a technical perspective, let's analyze. BTC's four-hour chart, after consecutive limit-ups, entered a high-level consolidation zone. This is a normal technical adjustment within an uptrend and does not signal a trend reversal. The daily EMA7 and EMA30 still maintain a golden cross pattern, and the 120-day moving average has laid a solid long-term support base. The upward structure remains intact; once repaired, it is likely to continue pushing higher.

ETH's performance closely follows the overall market, and its structure is quite healthy. Each dip is met with strong buying support, and the potential inverse head and shoulders pattern on the weekly chart provides additional support. The medium- and long-term upward foundation is solid. Currently, this price range is a normal healthy correction, and it is highly likely to strengthen in tandem with BTC moving forward.

What about trading strategies?

BTC can be accumulated in stages within the 94,800 to 95,000 range, targeting 97,500 to 98,000.

ETH can be accumulated opportunistically between 3,270 and 3,290, with targets of 3,350 to 3,380 later on.

BTC-2,69%

ETH-3,32%

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bridge_anxiety

· 3h ago

The bulls are in control, let's see if they can really push through.

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ChainMemeDealer

· 5h ago

The bulls are still here, don't panic, just buy the dip and it's all good.

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Ser_APY_2000

· 01-17 23:18

The bulls are so steady, I'm relieved. Time to buy the dip again.

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FUDwatcher

· 01-16 00:55

The bulls are really stable, and this sideways movement is just the rhythm of accumulation. When it dips, someone buys in; when it rises, it’s straightforward—feels like institutions are controlling the market. Trying an entry at 94,800, aiming for 98k feels reasonable. ETH is following closely, with full momentum. As long as the structure is fine, just be patient and wait for the inverse head and shoulders breakout. Another prediction of "high probability of moving upward," just wait for verification. Trust it, and it will be fine.

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SorryRugPulled

· 01-16 00:54

Once again, it's the "buy the dip" narrative. Will this time be another clever trap to lure in the shorts? --- Bull control? I think the bulls are just putting on a show, waiting for retail investors to jump in. --- Entering at 94,800 sounds good, but I'm just worried about breaking down immediately after entry. I'm too familiar with this. --- Calling ETH a "copycat" is spot on; it really has no strong opinions of its own. --- Golden cross, head and shoulders pattern, moving average bottom... honestly, these are of little use. The key depends on what the big players are thinking. --- From 97,500 to 98,000? That sounds surprisingly easy. --- This kind of sideways movement is the most annoying; by the time you realize it, it's already gone. --- Every time they say "healthy correction," but after the correction, it needs to correct again. --- A rebound and reclaim is just that—reclaim it. Don't treat bottom-fishing as some big news, okay? --- Gradual position building is correct; just worry about it crashing after you've finished.

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Hash_Bandit

· 01-16 00:48

the support holds every time, that's the hashrate doing its job. been through enough cycles to know when the network's got backbone. 94.8k entry looks solid if you're patient enough.

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HypotheticalLiquidator

· 01-16 00:47

The chain reaction of liquidations hasn't even finished yet, and now they're talking about the bulls controlling the rhythm. Where have the risk control thresholds gone? Entering in batches at 94,800? With such a high borrowing rate, still daring to average down? I really don't understand the logic of this move. Just wait for the liquidation price to reverse and cut you. This kind of high-level oscillation is the easiest to induce more buying. No matter how beautiful the technical indicators are, they can't change the reality of leverage liquidations. Once the dominoes fall, no one can save them. Is an EMA golden cross enough to sleep peacefully? In the face of systemic risk, chart patterns are just a joke.

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GasFeeBeggar

· 01-16 00:43

Already bought the dip at 95,500, just waiting for the rebound. The bulls are still strong in this wave, keep holding.

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OfflineNewbie

· 01-16 00:25

The bulls have stabilized, and this wave of volatility is just a shakeout. The entry signal is very clear.

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