#Strategy加仓BTC Market Observation for the Morning of January 16



Bitcoin rebounded after dipping to 95304 last night, failing to break through 97000, then retreated and consolidated; Ethereum moved in sync, stabilizing around 3266 before testing higher at 3380, but selling pressure above remains evident.

From a technical perspective, the rebound is limited. On the 1-hour chart, after a brief surge, it quickly retraced, with long upper shadows indicating weakening bullish momentum. The MACD has a death cross spreading, and the Bollinger Bands are opening downward, suggesting short-term bearish dominance with increasing downside potential. The overall market shows a weak trend.

Operational ideas for reference:
$BTC short at 96000-96500, targeting the 94500-93600 range
$ETH short in the 3330-3350 range, with a target of around 3250
$XRP continue to monitor for subsequent movements

Accumulating experience amid volatility, finding rhythm through review.
BTC1%
ETH1,82%
XRP0,57%
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NFTArtisanHQvip
· 01-18 22:46
the aesthetic of rejection... those long wicks are basically mechanical reproductions of failed intent, no? reminds me of how derrida would deconstruct the gap between aspiration and execution in price action itself
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AirdropChaservip
· 01-18 08:26
96,000 short? Bro, the probability of catching this move is a bit uncertain. Both a death cross and a shooting star, sounds like the bears are about to eat. ETH at this level is not easy to drop, the chart is a bit sticky. Let's leave XRP for now, wait for signals to decide. Speaking of which, the bulls are really out of steam right now.
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StakeTillRetirevip
· 01-16 00:28
Starting the short positions again, every time they say the bulls are exhausted... Last time they said that, the price suddenly surged in the opposite direction, and now I can't even believe this approach anymore.
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BlockchainArchaeologistvip
· 01-16 00:26
Once again, bears are in control. This move is really aggressive. Can't push past 97,000. The bulls are truly out of energy. Let's keep an eye on the 96,500 level. If it breaks, it will drop further.
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StakoorNeverSleepsvip
· 01-16 00:25
Is this another empty market? Last time I heard this story, I almost got trapped, but luckily I cut my losses in time. This time, not breaking 97K really shows there's no strength.
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NFTPessimistvip
· 01-16 00:21
It's the same old bearish story. I just want to ask, why can't the 97,000 level be broken? Are the bulls really that weak?
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ZKProofstervip
· 01-16 00:08
tbh the macd death cross thing is just noise at this point, everyone's reading the same charts and that's exactly why it doesn't work anymore... actually skeptical on these entry points ngl
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