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#美国核心物价涨幅不及市场预估 January 16 BTC Market Observation
Last night, Bitcoin surged to 97,100 before starting to pull back, and is now stuck around 95,000. From the candlestick chart, the bullish momentum is clearly weakening—the rebound energy is no longer sufficient. In the short term, the bears are in control.
However, it’s also important to clarify: the resistance above is quite strong, and the support below is not weak. In the past two days, there haven't been any particularly clear signals of a bullish or bearish reversal, so a sideways movement is quite possible.
Today's approach is simple: mainly short on rallies. When the price rebounds, look for opportunities to sell within the 96,500-97,500 range, targeting 94,000-93,000. Just wait for the market to clarify its stance.
Stay tuned: $BTC $ETH $SOL
The US core CPI data came in below expectations, which may have some impact on the macro outlook for the crypto market.