On Thursday night, January 15th, after reaching new highs for Bitcoin and Ethereum, the market entered a consolidation phase at high levels. We are at a critical decision point, and the overall pattern depends on this wave.



After Bitcoin broke through 95,000, the resistance zone above 97,800-98,000 is significant — it’s both a previous high and a psychological milestone. If this hurdle can be effectively突破, there’s a chance to push towards 100,000.

From a technical perspective, the daily EMA still maintains a golden cross structure, indicating a bullish advantage. However, the 4-hour MACD momentum is waning, and we need to see if trading volume can keep up to confirm the authenticity of the breakout. In simple terms, the price has gone up, but volume must support it.

Trading strategy: #Strategy加仓BTC Buy on dips around 96,000-96,400, aiming for 98,900; $BTC Enter around 3,320-3,340 with a target of 3,480. $ETH is also worth关注.

In the short term, flexibility is key. If the price fails to突破 resistance, a pullback and adjustment are necessary — this is a standard scenario.
BTC3,43%
ETH2,51%
ZEC7,8%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
SleepyArbCatvip
· 01-18 11:08
If trading volume doesn't keep up, it's just a fake rally, and we'll have to go through it again... Nap warning, it seems like the 100,000 level will be tested multiple times.
View OriginalReply0
ResearchChadButBrokevip
· 01-17 22:43
Insufficient volume indicates a false breakout. This time, it depends on whether it can hold above 97,800; otherwise, it will come back for a shakeout.
View OriginalReply0
RamenStackervip
· 01-15 12:11
A rise without volume is just fake. Whether this wave can break 98 depends on the performance of tonight's after-hours trading.
View OriginalReply0
Anon32942vip
· 01-15 12:11
If the volume can't keep up, it's a false breakout. This time, it feels like we need to go through another round at the 98,000 level. So annoying.
View OriginalReply0
MoneyBurnervip
· 01-15 12:11
The trading volume doesn't follow the price; sooner or later, it will drop. I bet this wave won't break 98,000. Build positions and wait for a pullback.
View OriginalReply0
wagmi_eventuallyvip
· 01-15 12:06
If the trading volume can't keep up, it's a false breakout. I've seen this trick many times, so it's better to wait for confirmation before jumping in.
View OriginalReply0
  • Pin