Morning Market Brief



Bitcoin's performance last night is worth noting. The second surge near $97,000 was ultimately suppressed, and then the four-hour candle from 0-4 AM closed below the MA10 moving average, confirming a short-term correction signal.

Where is the next key? The $94,000-$95,000 zone is very important—it determines the short-term strength or weakness pattern. If BTC can effectively build a bottom here, the target of $98,000-$100,000 still has a chance for another push; but if it breaks down, the previous support around $91,000-$92,000 may be tested. So today, keeping an eye on the $94,000 support level is enough.

In terms of trading, rather than chasing highs, it's better to wait for BTC to retest the $91,000-$92,000 area, look for bottoming signals, and then enter more safely.

ETH is generally following BTC's rhythm. After finding support at the four-hour lower boundary of $3,280 last night and rebounding, its overall performance is slightly stronger than BTC. Today, two levels to watch are: resistance at $3,350 and support at $3,250. If you want to find an entry point, you can wait until BTC's trend becomes clearer, then look for entry points in the $3,150-$3,200 range.

SOL's situation is a bit interesting. It moves along with BTC, but the SOL/BTC exchange rate is currently at -1.59%, indicating that SOL has been weaker than BTC recently. The $140 support level is something to watch today. For buying opportunities, it still depends on BTC's movement, and be prepared to enter around $135 on SOL during a dip.
BTC1%
ETH1,82%
SOL0,88%
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HalfPositionRunnervip
· 01-18 16:16
97,000 has been smashed down again. I've seen this trick at least ten times... Can 94,000 really hold?
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CryptoMomvip
· 01-18 02:25
97,000 has been smashed down again, really... Every time it's just a little short of breaking 10,000. Forget it, let's wait and see at 94,000.
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BlockchainGrillervip
· 01-17 10:51
97,000 has been hit again... This pace is really a bit annoying, and we still need to see if 94,000 can hold.
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ForkTonguevip
· 01-16 00:55
97,000 has been smashed down again, a typical false breakout... Today we'll see if 94,000 can hold, if it breaks, it will go to 92.
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TokenRationEatervip
· 01-16 00:53
97,000 has been smashed down again. This wave of momentum is a bit annoying.
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GasDevourervip
· 01-16 00:49
If 94,000 can't hold, we need to consider moving down. Chasing highs is still not advisable.
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ContractSurrendervip
· 01-16 00:43
The real problem is that 94,000 can't be broken; once it falls below, it will head straight to 92.
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