2026-01-16 02:01:46

Bitcoin remains in a steady bullish trend on the daily chart, with the moving averages well aligned. Although MACD shows some signs of weakness, a death cross has not appeared, indicating that the upward momentum is still intact. Looking at the 4-hour ascending flag pattern, it is in a consolidation phase, and the short-term pullback space is actually quite limited.

Ethereum's daily RSI hovers around 60, which is a relatively strong neutral zone, with no signs of trend reversal. The hourly chart does need some adjustment, but the rebound is very quick, and the momentum is recovering. Overall, the bullish posture is still present, and it is gathering strength.

Recently, the US core CPI came in below expectations, which is a positive macroeconomic signal supporting the market.

Trading strategy:

Bitcoin can be positioned long in the 95000-95500 range, with a target of 96500.

Ethereum can be entered at 3290-3310, with an upper target of 3360.

BTC-1,27%

ETH-0,84%

FOGO-4,35%

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VitaliksTwin

· 01-18 03:29

Core CPI isn't as high as expected, the bulls still have a chance. This flag pattern buildup feels like it's about to explode.

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GasGuru

· 01-17 15:22

Bitcoin's current buildup looks quite solid. As long as the moving averages stay orderly, that's the key. Can we really get in at 95,000-95,500, brother? Ethereum's hourly rebound is so quick? It seems the next step is to see if it can really push to 3360.

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AirdropHunterZhang

· 01-17 08:19

Ah, the moving average arrangement looks quite neat, but my reaction speed just can't keep up. I only see the signals after I've already jumped in, typical armchair strategist behavior.

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ser_aped.eth

· 01-16 04:17

CPI didn't follow the usual pattern, now the bulls are feeling comfortable haha. The 95k level is indeed attractive, just worried it might be a false alarm again...

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PseudoIntellectual

· 01-16 02:31

Core CPI to save the day, the market still needs to continue pushing upward, this move is definitely solid.

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token_therapist

· 01-16 02:30

Core CPI is below expectations, now the bears are going to cry. BTC's recent move is indeed a bit stable. However, I still have some reservations about entering at the 95,000 level; I feel like it needs to be shaken out a bit more to feel comfortable.

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MysteriousZhang

· 01-16 02:25

Core CPI below expectations, this wave indeed provided a breathing space. The momentum of Bitcoin's buildup looks comfortable to me. Entering at 95,000-95,500 is a solid move, just waiting for that break moment.

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SchrodingerAirdrop

· 01-16 02:24

The core CPI's recent positive news came at just the right time. It feels like this upward flag pattern is about to break out.

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TooScaredToSell

· 01-16 02:21

Core CPI isn't that strong, and the market does seem to have some sustained momentum. I'm also watching the 95,000 level, but be careful not to get trapped.

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