2026-01-15 10:30:54

Market Observation for Thursday, January 16:

From a technical perspective, although Bitcoin's KDJ has entered overbought territory and the MACD has formed a death cross in the short term, these are only minor technical correction signals. The medium-term upward trend remains intact. More importantly, the ATR indicator has remained at a high level, indicating that market trading activity is still active and there are no signs of significant capital outflows.

Based on trader insights:
Bitcoin is currently supported at 96,500-96,000, with a target range of 97,600-98,400.

For Ethereum, the key support levels are at 3,340-3,320, with resistance above at 3,390-3,420. #美国就业数据不及预期 $ETH is still consolidating and searching for direction.

Overall, although there is short-term technical correction pressure, market enthusiasm remains strong. This adjustment is more about preparing for the next upward move.

BTC-1,99%

ETH-2,05%

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MetaDreamer

· 51m ago

Wait, just because KDJ shows a death cross in overbought territory, can we say the big trend isn't broken? That logic is a bit too simplistic. And it's always "correction is to prepare for a rise." I've been hearing this phrase for half a year. When will it actually go up?

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DancingCandles

· 10h ago

Haha, another death cross, but ATR is still high, so this is interesting. I'm telling you, if the 96,500 support level breaks, I'll admit defeat. Ethereum at 3,320 feels risky; we still need to see if it can hold.

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AirdropSweaterFan

· 10h ago

High ATR indicates ongoing activity. Don't panic during this wave; it's a solid consolidation phase.

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rugpull_ptsd

· 10h ago

It's the same old story again, "Adjustment = preparing for an increase." I've heard this logic a hundred times before.

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OnchainUndercover

· 11h ago

Damn, ATR is still high? That indicates the main players haven't exited yet, so there's a good chance of continued upward movement.

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WalletDetective

· 11h ago

Hey, the KDJ overbought death cross is back again. I'm tired of hearing this stuff... But ATR is still holding up, which is a bit interesting, indicating that retail investors haven't all fled yet.

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SmartContractDiver

· 11h ago

I just like this kind of adjustment. Wow, I can buy the dip again.

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