2026-01-15 00:10:41

Market Observation for the Morning of January 15:

Bitcoin surged to 97,900 in the early hours and then started to pull back, currently fluctuating around 97,000. Although the upward momentum has weakened, the candlestick pattern remains intact, and the overall trend is still within an upward channel. Without any significant negative shocks, the short-term outlook remains bullish.

In the early trading phase, Bitcoin is in a consolidation state. From a technical perspective, the 96,600-96,100 range is a key support zone. A breakout upward could focus on resistance levels at 97,700-98,700.

For Ethereum, the 3,330-3,300 zone provides support. After an upward breakout, the target can gradually shift towards the 3,380-3,410 area.

Overall, there are still opportunities to go long after retesting support levels. Short-term swing trading can be closely monitored.

BTC-0,18%

ETH-0,01%

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NotSatoshi

· 01-15 18:11

Breaking through 97,900 is a bit tough, but I still dare to buy at lower levels. Let's see if it can hold above 96,600.

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fren_with_benefits

· 01-15 16:03

97,900 is back. Can we still chase this wave? Feels like the momentum is a bit weak.

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NFT_Therapy

· 01-15 00:40

97900 didn't break again. I'm tired of the "building momentum" excuse. Support levels have been broken through once or twice, and you're still bullish? Alright, I've also increased my position, betting it won't fall.

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StealthMoon

· 01-15 00:36

Not breaking 97,900 is a bit tricky, but this position is really comfortable right now. A pullback is a good opportunity to get in.

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MetaMisfit

· 01-15 00:34

Starting with 97900 and then falling back again, this pattern feels a bit familiar... Building momentum is just another way of saying a shakeout, waiting to bottom out.

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ConsensusBot